Comex Gold Higher On Short Covering, Weaker U.S. Dollar

(Kitco News) - Comex gold futures prices are higher in early U.S. trading Friday, on short covering and an upside technical bounce following recent selling pressure. A lower U.S. dollar index Friday is a bullish daily "outside market" force for the precious metals markets. It's a quieter, post-holiday trading atmosphere Friday (the U.S. Thanksgiving holiday was Thursday) and several markets, including Comex futures, close early. February gold was last up $15.70 at $1,253.50 an ounce. Spot gold ...