Gold and silver move higher ahead of the European open kitconews gold silver economics metals finance investing mining
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- Gold and silver have moved higher at the start of the new trading week. Gold is 0.44% higher while silver has moved 0.75% into the black. In the rest of the commodities complex, copper and spot WTI moved into positive territory. Stocks started the week on the front foot as futures in Europe are positive and the Nikkei 225 , ASX , and Shanghai Composite closed positive.
In FX markets, the greenback has pulled back. The biggest mover is GBP/USD which has risen 0.35%. In the crypto space, BTC/USD is trading at $22,196.Chinese authorities moving to underpin the troubled construction sector.PBOC Governor Yi Gang promised more support for the economy.Looking ahead to the rest of the session highlights include earnings and comments from BoE's Saunders
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