(Kitco News) - Gold prices ended the U.S. day session with moderate gains Tuesday. Short covering and bargain hunting buying interest were featured following recent selling pressure. The key “outside markets” were in a bullish posture for the precious metals Tuesday, as the U.S. dollar index was weaker and crude oil prices were firmer. February gold last traded up $8.10 at $1,661.00 an ounce. Spot gold was last quoted up $7.60 at $1,662.50. March Comex silver last traded up $0.48 at $31.26 an ounce.
http://www.forbes.com/sites/kitconews/2013/01/29/p-m-kitco-metals-roundup-gold-ends-higher-on-short-covering-bargain-hunting-bullish-outside-markets/
Tuesday, January 29, 2013
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