Gold, silver tread water ahead of Powell, jobs data

- Gold prices are slightly higher and silver near steady in subdued midday U.S. trading Monday. Traders and investors are awaiting the two major U.S. data points of the week. April gold was last up $1.90 at $1,856.40 and May silver was down $0.023 at $21.215.

Global stock markets were mixed overnight. U.S. stock indexes are higher at midday, following solid gains and technically bullish weekly high closes posted last Friday. The key outside markets this morning see the U.S. dollar index lower. Nymex crude oil futures prices are slightly up and trading around $80.00 a barrel. The yield on the benchmark U.S. 10-year Treasury note is presently fetching 3.966%--down a bit after pushing above 4.0% last week.

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