Gold prices surge amid economic concerns and Fed rate-cut expectations.

Gold and silver prices continue to rise due to a weakening US dollar index, rising crude oil prices, and favorable technical charts. The US producer price index report for March is expected to remain unchanged from February. China's exports in March rose 14.8%, year-on-year, while imports dropped by 1.4%. Eurozone industrial production in February beat market expectations. The US dollar index is lower, hitting a 2.5-month low, while Nymex crude oil prices are a bit weaker after hitting a five-month high. The gold and silver futures bulls have the solid overall near-term technical advantage.