A.M. Kitco Metals Roundup: Gold Firmer on Short Covering, Bargain Hunting
(Kitco News) - Gold prices are modestly higher in early U.S. trading Tuesday, on some tepid short covering and bargain hunting after prices careened to a six-month low Friday. A stronger U.S. dollar index is limiting the upside in the gold and silver markets early Tuesday. Gold and silver markets have seen serious near-term technical damage inflicted recently.
(Kitco News) - Gold prices are modestly higher in early U.S. trading Tuesday, on some tepid short covering and bargain hunting after prices careened to a six-month low Friday. A stronger U.S. dollar index is limiting the upside in the gold and silver markets early Tuesday. Gold and silver markets have seen serious near-term technical damage inflicted recently.