P.M. Kitco Metals Roundup: Gold Ends Firmer; Technicals Suggest Bigger Daily Price Move Imminent

(Kitco News) - Comex gold futures prices ended the U.S. day session moderately higher Wednesday, supported in part on short covering and a lower U.S. dollar index. Technically, the gold bulls are hanging tough. Also, the recent near-term "collapse in volatility" on the daily chart in the gold market makes me suspect a bigger daily price move is imminent. Comex June gold last traded up $14.10 at $1,393.00 an ounce. Spot gold was last quoted up $13.60 at $1,395.50. July Comex silver last traded up...