Comex Gold is slightly up in early U.S. trading on Wednesday morning. Gold last traded at $1,166.71 Silver last traded at $15.70 Platinum last traded at $1,202.00.
Stronger physical demand from overseas and early U.S. trading has gold slightly up on Wednesday morning. There is some growing concern again over Russia and the Ukraine as the U.N. Security Council calls for an emergency meeting on renewed conflicts in that part of the world, which could affect the gold markets and cause more choppy trading in the next few weeks.
Suppliers are still running short and have delayed deliveries on most bullion products. Suppliers feel they should be caught up and back to a normal delivery schedule with in the next two weeks.