Gold Notches 2.5-Mo. High On Safe-Haven Buying, More Bullish Chart Posture

(Kitco News) – Gold prices ended the U.S. day session solidly higher and pushed to a 2.5-month high Monday. A somewhat nervous world marketplace at present is working in favor of the safe-haven gold market. The near-term chart postures for gold and silver have significantly improved recently, which is inviting more technically related buying interest. Silver futures ended at a 2.5-month high close on Monday. April Comex gold was last up $11.30 an ounce at $1,232.10. March Comex silver was last up $0.201 at $17.68 an ounce.

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