RE:HOLD ON !! Gold over 1100
Gold Hits 2-Mo. High, Above $1,100, On Safe-Haven And Chart-Based Buying
Thursday January 07, 2016 08:24 (Kitco News) - Gold prices are higher and hit a two-month high Thursday, on more safe-haven demand amid geopolitical tensions and plunging world stock markets. Importantly, the near-term technical posture for gold has improved markedly this week, which is prompting short covering in the futures market and fresh chart-based buying. February Comex gold was last up $11.40 at $1,103.20 an ounce. March Comex silver was last up $0.119 at $14.095 an ounce.