GOLD AND SILVER NEWS UPDATED BY ROYAL TRADERS

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Gold, Silver Prices Steady-Weak Amid Strong Greenback

Gold and silver prices are steady to slightly lower in early U.S. trading Tuesday. Gold prices hit a three-week low overnight. A higher U.S. dollar index that is closing in on its for-the-move high scored in March continues to squelch buying interest in the precious metals markets. June gold futures were last down $0.50 an ounce at $1,293.70. May Comex silver was last down $0.109 at $14.99 an ounce.

Asian and European stock indexes were mixed to slightly up in quieter trading overnight, following Monday’s good gains. U.S. stock indexes are pointed toward steady to mixed openings when the New York day session begins. The U.S. indexes are at or near their recent multi-month highs and are enjoying solid price uptrends on the charts.

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