Precious Metals and Copper Rally on Weak Dollar and Bullish Outlook
• Gold and silver prices higher, supported by bullish technical postures and weaker dollar/higher oil
• U.S. inflation data slightly warmer than expected; keeps Fed from cutting rates soon
• Asian, European stocks mixed; U.S. index futures near records
• Copper hits 8.5-month high, in steep 4-week uptrend with bulls in control
• Precious metals and copper have bullish near-term outlooks, overcoming resistance could lead to further gains