Comex gold futures prices are trading moderately lower Friday morning and have hit a fresh 4.5-month low as most markets are under selling pressure following the surprise news that market-place-heavyweight JP Morgan has suffered a massive trading loss.

FORBES: By Jim Wyckoff O Kitco News

The market saw an upside corrective rebound and some bargain-hunting buying interest following recent strong selling pressure that drive prices to a six-week low on Tuesday.

FORBES: P.M. Kitco Metals Roundup: Comex Gold Ends Up On Corrective Bounce Following Recent Selling Pressure

Comex gold futures prices are trading sharply lower Monday morning and have hit another fresh 4.5-month low as most markets are under selling pressure on keen risk aversion due to several factors, but namely the heightened European Union debt and financial crisis.

FORBES: By Jim Wyckoff Of Kitco News