Gold prices ended the U.S. day session solidly higher Thursday, on follow-through gains from Wednesday’s Fed-inspired rally. Short covering in the futures market and bargain hunting in the cash market were featured. Gold bulls still have some work to do to break the near-term price downtrend. April Comex gold was last up $17.00 at $1,168.20 an ounce. May Comex silver was last up $0.564 at $16.105 an ounce.

