Gold and silver trade marginally lower ahead of the European open

LONDON (Sept 13)  Gold trades marginally lower but silver is almost down half a percent leading into the European open. Elsewhere in the commodities complex, copper (0.11%) and spot WTI (0.29%) are trading higher. 

Indices in the Asia Pac area moved higher overnight as they took the lead from Wall St. The Nikkei 225 (0.25%), ASX (0.65%) and Shanghai Composite (0.04%) all closed in positive territory. Futures in Europe are indicating a positive open. 

FX markets were pretty quiet compared to recent sessions. The biggest mover was GBP/USD which rose 0.22%. In the crypto space, BTC/USD is trading at $22,309.

HOWEVER BY 07:15am EST, spot gold rose nearly $9 to $1730, while spot silver bounced more than 1% to $19.86.

KITCO