The metals are seeing some routine profit-taking from the shorter-term futures traders after recent good gains pushed the markets to multi-week highs.
stock indexes are pointed toward lower openings when the New York day session begins, led by the technology sector.
While the major economies of the West have not yet been reporting inflation numbers that are concerning, China has just reported its producer prices climbed at the fastest pace in 3.5 years in April, reflecting a big rise in input costs.
Colonial pipeline system that has been shut down due to a cyberattack is set to reopen temporarily.
Technically, June gold futures bulls have the firm overall near-term technical advantage amid a six-week-old price uptrend in place on the daily bar chart.
The silver bulls have the firm overall near-term technical advantage amid a six-week-old price uptrend in place on the daily bar chart.