Gold Solidly Up, Hits 5.5-Mo. High, on Safe-Haven Ahead of Big Event Week

More safe-haven demand and chart-based buying propelled the gold market to a 5.5-month high Tuesday. This week is an extra important one for the market place and many traders and investors are anxious. The coming days will see critical fundamental news, and price action in many markets could be extra volatile as the week progresses. February Comex gold was last up $14.70 at $1,291.50 an ounce. Spot gold was last up $11.50 at $1,292.40. March Comex silver last traded up $0.155 at $17.91 an ounce.

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