Gold Gains On Short Covering, Position Evening Ahead Of FOMC

(Kitco News) - Gold prices ended the U.S. day session moderately higher Monday on short covering following recent selling pressure and as traders squared positions ahead of this week?s FOMC meeting results. The key ?outside markets? were also in a bullish daily posture for the precious metals Monday, as the U.S. dollar index was weaker and crude oil prices were higher. February gold was last up $10.00 at $1,244.60 an ounce. Spot gold was last quoted up $6.30 at $1245.50. March Comex silver last...