Gold prices ended the U.S. day session moderately higher Monday and are hovering near a five-week high. The precious metal was boosted by more safe-haven demand and bargain hunting. Traders and investors are still a bit nervous following last week’s volatility and uncertainty, which could return. The near-term chart posture for gold also continues to improve. December Comex gold was last up $5.80 at $1,245.00 an ounce. Spot gold was last quoted up $6.40 at $1,245.00. December Comex silver last traded up $0.029 at $17.36 an ounce.
