Jim Wyckoff Friday August 30, 2019 13:23
![Live 24 hours gold chart [Kitco Inc.]](http://www.infofinanceblog.com/wp-content/uploads/2019/08/surging-u-s-dollar-pressures-gold-prices-in-afternoon-trading-friday-kitco-news.gif)
(Kitco News) – Gold prices are moderately down and have lost late-morning gains in afternoon dealings Friday. A U.S. dollar index that has surged to a 27-month high today is working to pressure the yellow metal on this last trading day of the week and of the month. Still, the bulls are exiting August with a monthly gain of over $90 an ounce. Not bad from the bulls’ perspective. December gold was last down $5.20 at $1,531.70.
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