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Gold price weaker amid bearish outside market forces
Gold prices are modestly down and silver prices solidly up in early U.S. trading Monday. Gold is feeling the pressure from bearish daily outside markets that include a slightly firmer U.S. dollar index and weaker crude oil prices. The U.S. stock indexes hovering near record highs is also a negative for the safe-haven gold and silver markets. April gold was last down $2.70 at $2,036.00. March silver was last up $0.421 at $23.015. Asian and European stock markets were mixed in quieter overnight trading. China is celebrating its Lunar New Year holiday this week. Many China markets are closed much of this week for the ... (full story)