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Message: Short covering bounce for gold.
(Kitco News) - Gold is seeing a short covering bounce after December Comex futures prices hit a contract low Thursday and as gold prices overall are hovering near a 5.5-year low. In overnight news, the third-quarter Euro zone gross domestic product was reported up 0.3% from the second quarter and up 1.6%, year-on-year. The figures were just a bit weaker than expected. The data plays into the hands of those looking for fresh monetary stimulus from the European Central Bank as early as December.http://www.kitco.com/news/2015-11-13/Short-Covering-Bounce-For-Gold.html?sitetype=fullsite
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