Price pressure on gold, silver amid profit takin

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(Kitco News) - Gold and silver prices are weaker in early U.S. trading Wednesday, on some profit-taking from the shorter-term futures traders and as the key outside markets are in a mildly bearish posture for the precious metals: slightly lower crude oil prices and a slightly higher U.S. dollar index. Dont be surprised to see the gold market bulls step in to buy the dip at some point during the trading session. February gold was last down $8.10 at $1,927.30 and March silver was down $0.184 at $23.57.