Gold prices are moderately lower in early U.S. trading Thursday, on a downside technical correction and chart consolidation after Tuesday’s big gains. Still, the near-term technical postures for both gold and silver have markedly improved this week. February Comex gold was last down $6.50 at $1,223.00 an ounce. Spot gold was last down $2.40 at $1,224.25. March Comex silver last traded down $0.112 at $17.08 an ounce.
