Gold Firmer on Short Covering, Bargain Hunting and Safe-Haven Demand

by / Monday, 27 July 2015 / Published in Gold & Silver

Gold prices ended the U.S. day session moderately higher Monday, lifted on some safe-haven demand, short covering and bargain hunting. A solidly lower U.S. dollar index Monday also worked in favor of the precious metals bulls. August Comex gold was last up $9.90 at $1,095.40 an ounce. September Comex silver was last up $0.112 at $14.60 an ounce.

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Source: Kitco