Gold prices fluctuate on technical buying, US data, and inflation anticipation.

Gold and silver prices are up due to chart-based buying and a weaker US dollar index. The market is gaining confidence that the US and European banking turmoil has passed. China's inflation eased in March, while the International Monetary Fund warns that higher global interest rates are just transitory. The US data point of the week will be Wednesday's consumer price index report for March. Technically, gold and silver futures bulls have the solid overall near-term technical advantage.