This post originally appeared on the website of KitCo.

(Kitco News) – Safe-haven gold has given back its modest overnight gains in late-morning U.S. trading Tuesday. A rally in the U.S. stock market has prompted some selling pressure in the gold and silver markets. Still, the gold and silver bulls are enjoying near-term price uptrends on the daily charts. April gold was last up $0.10 at $1,312.00

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