Gold and silver prices are moderately up in early U.S. trading Tuesday, on some short covering by the shorter-term futures traders and perceived bargain hunting following recent pressure. Another mild U.S. inflation report is also friendly for the precious metals markets. Bulls have regained some technical strength early this week. April gold futures were last up $6.90 an ounce at $1,298.00. May Comex silver was last up $0.166 at $15.435 an ounce. The key U.S. economic data point early this week is today’s just-released consumer price index report for February, which came in at up 0.2% from January and was in line ... (full story)