The market place is a bit more stable Friday morning and bargain hunters have stepped in to buy the dip in gold prices.

FORBES: A.M. Kitco Metals Roundup: Comex Gold Higher on Bargain Hunting, Weaker U.S. Dollar Index

Bargain hunters stepped in to buy the dip in gold prices at the same time the U.S. dollar index sold off from higher levels seen earlier in the day.

FORBES: P.M. Kitco Metals Roundup: Gold Ends Modestly Up as Buyers Step in When U.S. Dollar Index Sells Off

Precious metals rebounded from moderately lower levels in earlier trading as bargain hunters stepped in to buy the dips in gold and silver prices, and as short covering entered the markets.

FORBES: A.M. Kitco Metals Roundup: Gold Rebounds from Early Selling Pressure on Short Covering, Bargain Hunting

Also, bargain hunters have once again stepped in to buy the recent dip in gold prices.

FORBES: Comex Gold Modestly Higher Following Greece Government Passing Austerity Measures

Gold and silver markets are seeing some bargain hunters step in to buy the recent dip in prices.

FORBES: Comex Gold Sees Corrective Bounce Amid Mildly Bullish "Outside Markets"

Bargain hunters continue to step up as they see the near-term technical posture of the gold market continuing to improve, which suggests a market bottom is in place.

FORBES: A.M. Kitco Metals Roundup: Comex Gold Firmer On Improving Technical Posture, Perceived Bargain Hunting

However, losses are being limited by bargain hunters willing to step in and buy the dips and by a still-bullish overall technical posture for gold.

FORBES: Comex Gold Weaker in Consolidative Trade, But Bulls Still in Technical Command