Price pressure on gold, silver amid higher USDX, rising bond yields gold silver USDX
- Gold and silver prices are weaker in early U.S. trading Monday. The precious metals are seeing selling interest as the U.S. dollar index is higher and U.S. Treasury yields are rising to start the trading week. December gold was last down $5.60 at $1,970.50 and September silver was down $0.206 at $23.51.
Key U.S. and China inflation reports this week will be the major data points for the marketplace. Traders will also be closely watching the U.S. Treasury market this week, as prices have been dropping .
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Cardano keeps dominating Ethereum despite price declineCardano’s weekly development report pointed out the work done by the blockchain’s teams over the last seven days while ADA remained under the bears’ influence.
Read more »
Terra Classic: As stakers lose confidence in LUNC, will its price action be a saviorLUNC’s staking ratio has declined of late, meaning that stakers were unstaking their holdings.
Read more »
Buyer adds $15,100 to asking price to close on art deco loftTip Top Lofts unit has 14-foot ceilings, exposed ductwork and multi-pane windows
Read more »
Bitcoin fated to head lower as price charts highlight weaknessThe negative correlation between Bitcoin and stock market indices showed that despite buyer strength in traditional finance, BTC saw a notable lack of demand.
Read more »
What next as SEC lawsuit sends HEX price plummeting by over 30%HEX lost over 30% of its value a week after the SEC filed an action against the project's founder. Should more price decline be expected?
Read more »
Stellar flips 2023 price ceiling to support – What now?XLM consolidated July gains after flipping 2022/2023 price ceiling to support. Are more gains likely?
Read more »