Gold is slightly higher this Thursday but the metal is looking tired and in need of a ‘fresh new catalyst,’ says Kitco Metals’ global trading director, Peter Hug. Gold prices are currently supported by some more short covering in the futures market and perceived bargain-basement buying in the cash market. A weaker U.S. dollar index on this day is also a bullish “outside market” element working in favor of the precious metals bulls. December Comex gold was last up $4.00 an ounce at $1,257.80. December Comex silver was last up $0.03 at $17.475 an ounce.
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4 Comments
looking at the wrong polls Peter, CNN a tad biased.
"…both candidates are bad candidates…" You got that right.
Daniela, your hair looks especially beautiful today!
Killary winning? LOL at what polls are you looking the cooked ones for the sheeple?