daily gold prices

This morning, as the U.S. Dollar continues its recent rally, Gold is trading from a low of $1,271 per ounce to a high of $1,276, as it appears to be bottoming out

The U.S. Dollar continues to rally based on the hope that $3 trillion, currently held overseas by American corporations, could be repatriated in the coming year . . . .

The recent decline in the Gold price appears to have bottomed out this morning at $1,277 per ounce . . . .

The U.S. Dollar rally and an increase in interest rates have affected the Gold price negatively . . . .

Gold has been trying all day to stay above the key $1,300 per ounce support/resistance level . . . .

In late morning trading the Gold price started a rally, quickly moving back above the $1,300 support/resistance level . . . .

Gold traded today in a very narrow $7 high/low range, from a high of $1,298 and a low of $1,291 per ounce . . . .

The Gold price dropped to its lowest level in over three weeks ($1,288) this morning after the Federal Reserve meeting yesterday . . . .

The Federal Reserve ended a two-day meeting today with a statement confirming a high probability of an interest rate increase in December . . . .

Gold showed increased demand this morning when it hit its low of $1,305.70 per ounce . . . .