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Gold Moves Modestly Up On Short Covering, Bargain Hunting

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(Kitco News) - Gold and silver futures prices have moved to their daily highs in late-morning price action Tuesday. Some bargain hunting in the cash market and short covering in the futures market are featured. August gold futures were last up $2.00 an ounce at $1,299.30.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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