GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Tuesday, January 29, 2013

Gold Ends Higher on Short Covering, Bargain Hunting, Bullish Outside Markets

(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/

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