Gold and silver futures prices are higher in early U.S. trading Thursday. Once again, the two metals are choosing to behave like a commodity market and are following the overnight gains in global equities markets, led by the U.S. It appears gold and silver traders reckon rallying stock markets suggest better overall demand for commodities. December gold futures were last up $13.40 at $1,904.10 and December Comex silver was last up $0.384 at $24.27 an ounce.
Global stock markets were mixed but mostly firmer overnight. U.S. stock indexes are set to open the New York day session higher, on follow-through strength from Wednesday’s solid gains.
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