Comex Gold in Recovering Process

Comex gold has recovered from its overnight lows.

It's getting a little bounce from pre-weekend short covering
The metal is shaking off a stronger dollar, which had contributed to the overnight weakness
Gold may be drawing some support from stronger silver in the wake of the Escondida strike.

Gold is trading a little bit with oil as well, which is up noticeably this morning.

December gold is up $1 to $626.30 after an overnight low of $621.70, while September silver has added 11.5 cents to $12.11.