Gold traders cautious ahead of U.S. inflation and debt talks.

Gold and silver futures prices remain unchanged as traders await important government and economic developments in the US, including discussions on raising or suspending the US debt ceiling and the release of the April consumer price index report. The Federal Reserve banking lender survey released on Monday showed that bankers have curtailed loans to customers, which is likely to help tame inflation. Meanwhile, global stock markets were mixed overnight, and US stock indexes are weaker at midday. The US dollar index is higher, while Nymex crude oil prices are lower. June gold futures bulls have the solid overall near-term technical advantage, while July silver futures bulls have the solid overall near-term technical advantage.