Price gains in gold, silver as USDX fades, crude oil rallies kitconews gold silver economics mining finance investing metals
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Global stock markets were higher overnight. U.S. stock indexes are pointed toward higher openings when the New York day session beings. Corporate earnings reports are on the front burner of the stock markets early this week. Lackluster, lower-volume summertime trading may pervade many financial markets in the coming weeks, until the Labor Day holiday weekend in early September. Traders and investors will be focused more on family vacations before school starts.
The key outside markets today see Nymex crude oil prices higher and trading around $99.50 a barrel. The U.S. dollar index is solidly lower in early U.S. trading. The yield on the 10-year U.S. Treasury note is fetching 2.95%.
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