The week is starting out with gold and silver spot prices getting firmer.
According to Kitco News:
(Kitco News) - Gold and silver prices are firmer in early U.S. trading Monday, supported by safe-haven bids amid the Israel-Hamas war and the potential for a wider Middle East conflict. December gold was last up $5.60 at $2,004.10. December silver was last up $0.423 at $23.31.
Asian and European stocks were mixed overnight. U.S. stock indexes are pointed to higher openings when the New York day session begins. Risk appetite has upticked just a bit to start the trading week, despite Israel beginning its anticipated ground war against Hamas in Gaza. There is still the potential for this conflict to escalate to include other countries, including the U.S. That's keeping a floor under safe-haven gold and silver.
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