Gold, silver up a bit as U.S. debt-limit talks loom

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Gold, silver up a bit as U.S. debt-limit talks loom
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Gold, silver up a bit as U.S. debt-limit talks loom gold silver USdebtlimit

- Gold and silver prices are modestly higher in quieter midday U.S. dealings Monday. Traders are awaiting fresh fundamental inputs as a busy data week lies ahead, including negotiations aimed at keeping the U.S. government from defaulting on its debt obligations. June gold was last up $3.10 at $2,023.00 and July silver was up $0.121 at $24.275.

The key outside markets today see the U.S. dollar index weaker. Nymex crude oil prices are higher and trading around $71.25 a barrel. Meantime, the benchmark 10-year U.S. Treasury note yield is presently fetching 3.504%.

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