(Kitco News) - Comex gold futures have backed down from early-session highs and are trading slightly higher in mid-morning dealings Tuesday. February gold last traded up $2.50 at $1,376.60 an ounce. The U.S. dollar index has rebounded from slightly lower price levels seen early Tuesday and is now trading modestly higher on the day, which is putting some selling pressure back into the gold market.

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