Gold is presently modestly higher in early U.S. trading but price action is choppy and on both sides of unchanged in the aftermath of European Central Bank President Mario Draghi’s details of the quantitative easing of monetary policy package. Those details were more aggressive than most market watchers expected. February Comex gold was last up $0.60 at $1,294.60 an ounce. Spot gold was last up $0.50 at $1,294.00. March Comex silver last traded up $0.072 at $18.26 an ounce.
