Gold Rallies On More Bargain Hunting, Technical Buying, And As U.S. Stocks Sell Off |
February 19, 2016 | February 2016 Bond Updates |
(Kitco News) - Gold prices ended the U.S. day session with solid gains Thursday. Some early profit-taking was overcome by bargain hunters buying the dip and by fresh chart-based buying interest—both of which coincided with the U.S. stock indexes coming under selling pressure. April Comex gold was last up $14.10 at $1,225.60 an ounce. March Comex silver was last up $0.048 at $15.42 an ounce. |
View more at: http://www.forbes.com/sites/kitconews/2016/02/18/gold-rallies-on-more-bargain-hunting-technical-buying-and-as-u-s-stocks-sell-off/ |
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