(Kitco News) – Gold prices are at double-digit gains and at daily highs in late-morning price action Tuesday. Technically related buying is featured in both gold and silver markets, amid bullish near-term charts that suggest more upside.
There are still lingering geopolitical matters that are also supporting continued safe-haven demand for the two metals. December gold was last up $10.20 an ounce at $1,547.40.
By Jim Wyckoff
For Kitco News
Contact jwyckoff@kitco.com
www.kitco.com
