P.M. Kitco Roundup: Gold Pops To 3-Week High On Weak U.S. Jobs Report, Slumping U.S. Dollar

(Kitco News) - Gold prices ended the U.S. day session sharply higher and have hit a three-week high Tuesday. Gold and silver were boosted by a U.S. employment report that did not meet trade expectations, which in turn sunk the U.S. dollar index. The gold and silver market bulls are also gaining upside near-term technical momentum. December Comex gold was last up $24.60 at $1,340.40 an ounce. Spot gold was last quoted up $24.80 at $1342.00. December Comex silver last traded up $0.492 at $22.765 ...