Gold price firmer amid friendly outside markets gold silver
- Comex gold futures prices are modestly up in early U.S. trading Monday. Silver prices are near steady. The key outside markets are friendly for the precious metals to start the trading week, as the U.S. dollar index is weaker and crude oil prices are solidly higher. The technical charts remain solidly bullish for gold and silver. June gold was last up $7.30 at $2,032.00 and July silver was down $0.05 at $25.885.
President Biden on Tuesday will meet with House Speaker Kevin McCarthy and other congressional leaders to discuss raising or suspending the U.S. debt ceiling, setting the stage for a current standoff between the President and House Republicans. Biden’s invitation came after Treasury Secretary Janet Yellen notified lawmakers last week that the U.S. could default on its debt as early as June 1 if Congress does not raise or suspend the debt limit before that time.
The key outside markets today see the U.S. dollar index slightly lower. Nymex crude oil prices are solidly higher and trading around $73.25 a barrel. Meantime, the benchmark 10-year U.S. Treasury note yield is presently fetching 3.462%.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian bank earnings at risk from office real estate exposure, says Bay Street analystCommercial real estate loans represent the second\u002Dlargest lending exposure of Canada’s 6 largest banks, posing a risk to earnings. Read on.
Read more »
Canadian bank earnings at risk from office real estate exposure, says Bay Street analystCommercial real estate loans represent the second\u002Dlargest lending exposure of Canada’s 6 largest banks, posing a risk to earnings. Read on.
Read more »
Canadian bank earnings at risk from office real estate exposure, says Bay Street analystCommercial real estate loans represent the second\u002Dlargest lending exposure of Canada’s 6 largest banks, posing a risk to earnings. Read on.
Read more »
Fire kills at least 27 in Peruvian gold mineA fire in a small gold mine in southern Peru has killed at least 27 people, the local government said on Sunday.
Read more »
Fire in gold mine kills at least 27, Peruvian officials sayPeruvian authorities investigating after fire in gold mine leaves at least 27 workers dead
Read more »