Gold prices ended the U.S. day session moderately higher Wednesday, on a short-covering rebound in the futures market and on some perceived bargain-basement buying in the cash market. An improvement in the near-term technical posture of gold has also prompted some chart-based buying this week. February Comex gold was last up $8.70 at $1,208.10 an ounce. Spot gold was last up $10.30 at $1,209.25. March Comex silver last traded down $0.066 at $16.39 an ounce.
