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    2014 Gold Commodity Prices

    Gold prices jumped $28 to a six-week high Thursday while the Dow fell more than 200 points in afternoon trading.

    February gold ended the day up $25.80 to $1,264.50 an ounce. Spot gold finished up $28.10 at $1,265.50.

    Precious metal traders cited short covering, bargain hunting, and technical buying behind gold's gains. Unquestionably propelling the yellow metal's ascent Thursday was the steep intraday 217.42 point, or 1.33%, Dow plunge.

    This news out of India is really what was driving gold prices...

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