(Kitco News) – Gold prices are slightly higher in early U.S. trading Thursday, supported on some mild short covering in the futures market and on some bargain hunting in the cash market. A rallying U.S. dollar index that hit an 11.5-year high overnight remains a bearish “outside market” that is weighing down gold and silver. April Comex gold was last up $1.40 at $1,202.30 an ounce. May Comex silver was last up $0.052 at $16.21 an ounce.
