Gold and silver prices are moderately higher in early U.S. trading Wednesday, amid bullish outside markets that include higher crude oil prices and a lower U.S. dollar index. June Comex gold was last up $6.10 at $1,249.60 an ounce. July Comex silver was last up $0.251 at $17.41 an ounce.
Oil hit its highest level of 2016 on Wednesday, driven by a falling dollar and evidence of declining U.S. supply, putting the price on course for its strongest monthly performance since last April.
U.S. stock futures slumped Wednesday, hurt by Apple Inc.”s 8% premarket drop after the largest company by market value delivered quarterly results that disappointed investors.
Next Trading Day’s Important Events
- USDJPY: 111.22
- EURUSD: 1.1313
- S&P 500: 2,091.70
- NASDAQ : 4,888.28