- Gold and silver prices are modestly down in midday trading Thursday, but well up from their daily lows. Gold hit another a 3.5-month low overnight. The metals are being pressured by some upbeat U.S. economic data that rallied the U.S. dollar index and pushed U.S. Treasury yields higher. August gold was last down $4.80 at $1,917.30 and July silver was down $0.294 at $22.595.
Asian and European stock markets were mixed to weaker in quieter overnight trading. U.S. stock indexes are mixed at midday. The key outside markets today see the U.S. dollar index higher. Nymex crude oil prices are slightly down and trading around $69.25 a barrel. Meantime, the benchmark 10-year U.S. Treasury note yield is presently fetching 3.84%.
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