gold silver Gold price down as U.S. dollar index sharply up
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Global stock markets were mostly lower overnight. U.S. stock indexes are headed for lower openings when the New York day session begins. Risk aversion is keener to start a U.S. holiday-shortened trading week. U.S. markets are closed Thursday for the Thanksgiving holiday. China has recorded its first Covid deaths in six months as the world’s second-largest economy continues to struggle with rising Covid cases and lockdowns.
The key outside markets today see the U.S. dollar index sharply higher. Nymex crude oil prices are weaker and trading around $79.75 a barrel. The yield on the benchmark U.S. 10-year Treasury note is presently 3.833%.
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