When business turns back up again, companies then appear to be growing quickly, although from a much lower base.

ECONOMIST: Hard times all round | The

Prices were trading modestly lower in early U.S. dealings, but then quickly popped higher following remarks from the Chicago Federal Reserve president Charles Evans, who made dovish remarks on U.S. monetary policy.

FORBES: P.M. Kitco Metals Roundup: Gold Ends Higher, Notches Fresh 7-Mo. High as Bulls Remain in Firm Command