Gold prices are tradingmodestly lower in early-afternoon U.S. trading Monday, on a mild correctivepullback after touching a nearly five-month high overnight. Some safe-havendemand has surfaced for gold recently as world stock and financial markettraders are still very uneasy.

The key outside markets were in abearish posture for the precious metals today. The U.S. dollar index wassolidly higher, while Nymex crude oil prices were lower and trading just below$52.00.

Brexit turmoil and uncertaintyregarding when and how the U.K. will depart the European Union have Europeanstock and financial markets unsettled. Prime minister Theresa May today calledoff Tuesday’s vote on her Brexit plan, which most reckoned would be voted downanyway. The Euro currency sunk and the U.S. dollar index rallied followingMay’s announcement.