P.M. Kitco Metals Roundup: Gold Ends Higher on Bargain Hunting, Short Covering; Key Economic Data Now Awaited

(Kitco News) - Comex gold prices ended the U.S. day session moderately higher Wednesday, as bargain hunters again stepped up to buy the recent dip, while short covering was also seen. The key “outside markets” were also mildly bullish for the precious metals Wednesday, as the U.S. dollar index was weaker and crude oil prices were firmer. Focus of the market place is turning from the major storm that pummeled the U.S. east coast, to critical economic data that is scheduled to come out...