Gold prices show slight gains amid uncertain market conditions.

Gold and silver prices have seen a slight increase in early US trading due to a weaker US dollar index and a dip in US Treasury yields. However, the metals market bulls are cautious as the Federal Reserve monetary policy is expected to remain tight in the coming months. Global stock markets were mostly lower overnight, and US stock indexes are pointed towards slightly lower openings. The US dollar index is modestly lower, and Nymex crude oil prices are lower. The gold futures bulls have the solid overall near-term technical advantage, while the silver bulls have the solid overall near-term technical advantage.