Gold and Silver Rally on Weak Dollar and Technical Buying.

Gold and silver prices rise due to bullish technicals and a weaker US dollar index. Traders are waiting for the US inflation report on Wednesday. China's inflation eased in March, and the IMF warns that higher global interest rates are transitory. June gold futures bulls have the solid overall near-term technical advantage, while May silver futures bulls have the solid overall near-term technical advantage. Copper prices closed near mid-range today, with the copper bulls having the slight overall near-term technical advantage.