(Kitco News) – Gold prices are seeing some more selling pressure As there is a bit more investor risk appetite in the marketplace Wednesday following some slightly upbeat trade data coming out of China. China’s exports were up a better- than-expected 2.3% in December, year-on-year, after dropping by 3.7% in November. Those figures were in Chinese yuan terms. In U.S. dollar terms the data was not as positive.
By Jim Wyckoff, contributing to Kitco News; jwyckoff@kitco.com
Follow Jim Wyckoff @jimwyckoff
