Gold Futures Get A Boost From Market Rout

February Gold futures are trading higher by $14 at $1086.40 per ounce in Friday's session. Nervous investors are moving into the contract as world markets are in turmoil. After a higher open in the after-hours, ti retreated but found support well ahead of Thursday's close ($1073.60), only reaching $1076. The ensuing rally has found resistance just above the pair of highs from Wednesday ($1095.60) and Thursday ($1095.40), reaching $1097.50. If the rally continues, beyond the intraday high there may be additional resistance at Tuesday's high of $1099.10).