Gold Ends Up On More Short Covering in Quiet Holiday Trading

(Kitco News) - Gold prices ended the U.S. day session modestly higher on more short covering in subdued trading Thursday. It was a holiday atmosphere that still sees many traders and investors absent. The gold and silver market bears remain in firm overall technical control. February gold was last up $8.10 at $1,211.40 an ounce. Spot gold was last quoted up $7.00 at $1212.75. March Comex silver last traded up $0.331 at $19.815 an ounce.