Gold, silver up on steady safe-haven bidding

NEW YORK (March 25) Gold and silver prices are higher, with silver posting solid gains, in midday U.S. trading Tuesday. Both metals continue to see a steady flow of safe-haven demand amid a general marketplace that remains uneasy due mostly to a disruptive U.S. trade and foreign policy. The charts are also bullish for gold and silver, which continues to invite technical buying from the speculators. April gold was last up $13.80 at $3,029.40. May silver prices were last up $0.775 at $34.22.

The key outside markets today see the U.S. dollar index weaker. Nymex crude oil futures prices are also weaker and trading around $68.75 a barrel. The yield on the benchmark 10-year U.S. Treasury note is presently around 4.3%.

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