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.
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