"Gold and Silver Prices Hold Steady as U.S. Report Looms"

1 min read
Source: Kitco NEWS
"Gold and Silver Prices Hold Steady as U.S. Report Looms"
Photo: Kitco NEWS
TL;DR Summary

Gold and silver prices remain steady as traders await the U.S. employment report, with expectations of a downside miss. A weakening U.S. economy could cool the ascent in bond yields. Asian and European stocks are mixed, while U.S. stock indexes are expected to open weaker. The U.S. dollar index is slightly down, crude oil prices are lower, and the U.S. Treasury 10-year note yield is at 4.719%. Technical analysis shows bears having the advantage in both gold and silver futures.

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