- Gold prices are a bit weaker on some routine profit taking and chart consolidation after the market hit a 13-month high on Thursday and is closing in on the record high of $2,078.80, basis nearby Comex futures. Silver prices are firmer and hit another 13-month high overnight. The technically powerful gold and silver bulls will be looking to buy the dips. June gold was last down $7.60 at $2,047.50 andMay silver is up $0.165 at $26.095.
Global stock markets were mostly higher overnight. U.S. stock indexes are pointed toward weaker openings when the New York day session begins. The U.S. stock indexes are still in price uptrends on the daily bar charts. The key outside markets today see the U.S. dollar index lower and hitting a 2.5-month low. Nymex crude oil prices are a bit firmer and trading around $82.50 a barrel. The benchmark 10-year U.S. Treasury note yield is presently fetching 3.435%.