Gold Prices Hold Steady Despite Volatility in Outside Markets and Banking Woes

Gold prices remain steady as the market sees support from a lower US dollar index, while silver prices are firmer. However, weaker crude oil prices and a slight uptick in US Treasury yields are benefiting the bears. Global stock markets were mixed to weaker overnight, with US stock indexes pointing towards slightly higher openings. Traders are focusing on the release of quarterly corporate earnings reports, which have been mixed so far.