Gold trades near steady as bulls stabilize market

(Kitco News) - Gold prices are trading near steady in midday U.S. dealings Thursday. Importantly, gold bulls have stabilized the market following recent selling pressure that drove prices to a more-than-four-month low on Monday. Silver bulls still have some more work to do to steady their market. October gold futures were last down $0.70 at $1,750.60 and September Comex silver was last down $0.323 at $23.16 an ounce.

Gold bulls work to stabilize price after overnight "flash crash"

Gold and silver prices are lower in early U.S. dealings Monday, with gold overnight careening to a more-than-four-month low of $1,676.40, basis October futures, and silver slumping to a more-than-eight-month low of $22.295, basis September futures.