Posted 3/13/2024, 12:22:30 PM
Precious Metals Edge Up as Dollar Drops; Stocks Set for Mixed Open Ahead of Inflation Data
- Gold and silver prices slightly higher amid bullish technical charts and weak dollar
- Inflation data showing continued price increases; may prevent Fed interest rate cuts
- Asian and European stocks mixed; US index futures set for mixed open
- Oil prices up near $78.75 a barrel; 10-year Treasury yield around 4.162%
- Gold has bullish near-term outlook, with next resistance at $2,250 and support at $2,100