Gold and silver futures prices are moderately higher in early U.S. trading Monday, on short covering in the futures market and bargain hunting in the cash, following last week’s drubbing that drove both markets to multi-month lows. December Comex gold was last up $8.70 an ounce at $1,260.60. December Comex silver was last up $0.31 at $17.69 an ounce.
