Comex Gold Attracts Early Bargain Hunting

Some bargain hunting has emerged after Tuesday's sharp sell-off in Comex gold. Traders will be watching for volume and open interest figures later this morning to see what it may suggest about the type of selling during Tuesday's steep decline.
However, the sell-off appeared to occur on unusually light volume considering the volatility. December gold is up $1.60 to $583.10. December silver, however, is down 6.5 cents to $10.98.