Gold Posts Solid Gains, Hits 3-Week High, As Bulls Making A Move

(Kitco News) - Gold prices ended the U.S. day session sharply higher and hit a three-week high Tuesday. Gold and silver were boosted by short covering and bargain hunting following recent downside pressure. After their recent successes, the gold and silver market bears now appear to be exhausted. The key "outside markets" were also in a bullish daily posture for the precious metals Tuesday, as the U.S. dollar index was lower and hit a five-week low, while crude oil prices were higher and hit a ...