World Economy

Gold Slips

Gold SlipsGold Slips

Gold prices stagnated on Monday, drifting slightly higher after putting in some wide swings during Christmas week. At last check, gold for February delivery -0.10%  was up 40 cents to $1,195.80 an ounce. Silver for March delivery  -0.11%  ticked up slightly to $16.20 an ounce, MarketWatch reported. Gold prices ended last Friday on a big uptick but still finished down a bit for the holiday-shortened week due to heavy losses in the prior sessions. Stewart Thomson of Graceland Updates is looking for a good year for gold in 2015. “Short term volatility will be high, but the price will trend higher,” he wrote.