Gold, silver rally as USDX sells off, U.S. bond yield dip

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Gold, silver rally as USDX sells off, U.S. bond yield dip
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gold silver USDX USbondyield Gold, silver rally as USDX sells off, U.S. bond yield dip

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Global stock markets were mostly lower overnight. U.S. stock indexes are weaker at midday. The U.S. stock index bulls are fading fast this week and near-term price uptrends on the daily bar charts have been negated. The key outside markets today see the U.S. dollar index lower. Nymex crude oil prices lower and trading around $73.00 a barrel. Prices today hit an 11-month low. Meantime, the yield on the benchmark U.S. 10-year Treasury note is presently 3.466%.

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