Direxion Daily Gold Miners Be (DUST)

[TheSittingtight1]

(Kitco News) – Gold prices are slightly higher in early U.S. dealings Tuesday. A U.S. consumer price index reading that was a bit higher than expected prompted some short covering in the gold futures market and some bottom-picking in the cash market. However, the feature in gold and silver markets today is likely to be position evening ahead of the highly anticipated FOMC meeting that begins today and ends early Wednesday afternoon. February Comex gold was last up $1.70 at $1,065.40 an ounce. March Comex silver was last up $0.025 at $13.72 an ounce.