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Price pressure on gold, silver; bulls need a spark
Gold and silver prices are moderately lower in early U.S. trading Monday. The precious metals bulls have lost momentum and need a fresh, positive fundamental development to revive their spirits. On this day, rising U.S. Treasury yields are trumping a lower U.S. dollar index and higher crude oil prices to keep the gold and silver buyers skittish. December gold was last down $10.00 at $1,974.70. December silver was last down $0.362 at $23.495. Asian and European markets were mixed in overnight trading. U.S. stock indexes are pointed to slightly higher openings when the New York day session begins. It will likely be a ... (full story)