Gold and Silver Prices Fluctuate Amid Dollar Strength and Profit Taking
TL;DR Summary
Gold and silver prices are down due to heavy profit-taking pressure after hitting 13-month highs last week. The US dollar index is higher, Nymex crude oil prices are lower, and the benchmark 10-year US Treasury note yield has risen. June gold futures bulls still have the solid overall near-term technical advantage but need to show fresh power soon. May silver futures bulls still have the solid overall near-term technical advantage. May N.Y. copper closed down 390 points at 406.75 cents today.
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