Gold prices are modestly higher in early U.S. trading Wednesday, which is impressive from the bulls’ perspective because Tuesday’s sharp gains are being held. February Comex gold was last up $2.40 at $1,234.00 an ounce. Spot gold was last up $2.70 at $1,235.50. March Comex silver last traded up $0.161 at $17.295 an ounce.

