Gold weaker amid bearish outside markets gold silver dollar
- Gold prices are modestly lower and silver slightly firmer in midday U.S. trading Tuesday. A higher U.S. dollar index, slightly lower crude oil prices and rising U.S. Treasury yields on this day are bearish outside market forces working against the precious metals markets bulls. April gold was last down $8.20 at $1,841.90 and March silver was up $0.14 at $21.855.
The key outside markets see the U.S. dollar index higher. Nymex crude oil futures prices are slightly weaker and trading around $76.25 a barrel. The yield on the benchmark U.S. 10-year Treasury note is presently fetching 3.916%.
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