Gold price mildly lower following downbeat China data gold silver China
- Gold and silver prices are slightly weaker in early U.S. trading Tuesday. Commodity markets, including the metals, have shuddered following surprisingly weak import and export data coming out of China overnight. December gold was last down $3.20 at $1,966.70 and September silver was down $0.127 at $23.10.
Asian and European stock markets were mostly lower in overnight trading, on the China news. U.S. stock indexes are pointed to lower openings when the New York day session begins. The key outside markets today see the U.S. dollar index solidly higher. Nymex crude oil prices are lower and trading around $80.50 a barrel. These markets are in a bearish daily posture for the precious metals. Meantime, the benchmark 10-year U.S. Treasury note yield is presently fetching 3.998%, down a bit from Monday’s levels.
France Dernières Nouvelles, France Actualités
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