(Kitco News) – Gold and silver prices are are solidly up in midday U.S. trading Tuesday, boosted by short covering in the futures market and perceived value buying in the cash market. A rally in the crude oil market after Monday selling pressure and a weaker U.S. dollar index today are bullish "outside market" forces working in favor of the precious metals bulls. Gold and silver see their near-term technical postures also improving a bit recently. June gold futures were last up $16.50 at $1,745.30 and May Comex silver was last up $0.53 at $25.31 an ounce.

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Gold, silver up as USDX weakens, crude oil bounces

(Kitco News) - Gold and silver prices are are solidly up in midday U.S. trading Tuesday, boosted by short covering in the futures market and perceived value buying in the cash market. A rally in the crude oil market after Monday selling pressure and a weaker U.S. d...

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