(Kitco News) – Gold prices are modestly lower in early-afternoon U.S. trading Monday. However, prices have moved well up from daily lows in late action. The safe-haven metals continue to suffer from a lack of turbulence on the geopolitical front that would provide some demand for them. June gold futures were last down $3.30 an ounce at $1,291.80. May Comex silver was last up $0.007 at $14.97 an ounce.

(Kitco) , Monday April 15th, 2019- Asian and European stock indexes were steady to mixed in quieter dealings overnight. U.S. stock indexes are weaker in midday action. There are presently no major geopolitical issues in the world marketplace to rattle the markets and trader and investor attitudes remains generally upbeat, as evidenced by most world stock markets trending sideways to higher at present.A sell off in the U.S. Treasury bond markets recently has been a bit bearish for gold, as the rising yields on those securities make a better return for fixed-income investors.Focus of traders and investors this week will be on U.S. corporate earnings reports. Big bank reports issued last Friday were surprisingly upbeat.U.S.-China trade talks will continue this week, with most market watchers thinking good progress has been made on the matter and both sides are close to a final agreement.

The key outside markets today find the U.S. dollar index slightly weaker. Meantime, Nymex crude oil prices are lower and trading around $63.35 a barrel.

Posted by :

Jack Dempsey , President

401 Gold Consultants LLC

jdemp2003@gmail.com

Gold Prices Up From Daily Lows, Global Trade Issues Dominate

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