Gold Up on Safe-Haven Demand, Weak U.S. Economic Report

(Kitco News) – Gold prices ended the U.S. day session firmer Monday, on some more safe-haven buying and following a much weaker-than-expected U.S. economic report issued in morning trading. Increased speculator buying interest was also seen amid an improving technical picture. December Comex gold was last up $5.50 at $1,118.20 an ounce. September Comex silver was last up $0.077 at $15.29 an ounce.

Source: Kitco