Price pressure on gold, silver as Powell on deck gold silver
- Gold and silver prices are lower in early U.S. trading Monday, just ahead of one of the two major U.S. economic data points of the week. April gold was last down $10.20 at $1,844.30 and May silver was down $0.145 at $20.99.
Global stock markets were mixed overnight. U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins. The key outside markets see the U.S. dollar index slightly firmer. Nymex crude oil futures prices are slightly down and trading around $80.00 a barrel. The yield on the benchmark U.S. 10-year Treasury note is presently fetching 3.928%--down a bit after pushing above 4.0% last week.
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