Precious Metals Decline on Strong Dollar and Yields; Stocks Mixed Ahead of Higher Wall Street Open
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Gold and silver prices are weaker amid a stronger dollar and higher bond yields.
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Asian stocks were mostly up but European stocks are down ahead of expected higher openings on Wall Street.
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The Israel-Hamas conflict has not escalated further this week, allowing markets to focus on other matters.
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Key outside markets see the dollar higher, oil steady, and Treasury yields rising.
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Technically, gold has upside resistance at $2,050 and support around $1,900; silver faces resistance at $24 and support at $22.