Gold, silver up as bulls work on price stabilization

Gold, silver up as bulls work on price stabilization

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( Kitco News ) – Gold and silver futures prices are posting decent gains Tuesday morning, following the strong losses posted Monday. The precious metals bulls are now trying to steady their markets and working to prevent more serious chart damage from being inflicted. December gold futures were last up $21.00 at $1,875.00 and December Comex silver was last up $0.44 at $24.145 an ounce.

The gold market Monday saw strong losses that were the worst in seven years and pushed prices to nine-week lows. Gold market bulls on Tuesday are focusing more on the economic impact of record-setting monetary stimulus measures that have been enacted by central banks over the past six months, and probably more stimulus […]

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