Gold prices are trading sharply higher and hit a two-week high in early U.S. dealings Tuesday. Heavy short covering, bargain hunting and even some fresh safe-haven demand are featured. The near-term technical posture in gold has also improved a bit Tuesday. April Comex gold last traded up $18.00 at $1,596.00 an ounce. Spot gold was last quoted up $14.90 at $1,597.25. May Comex silver last traded up $0.452 at $29.31 an ounce.
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