US gold and silver held steady, despite a strengthening dollar
US gold and silver held steady, despite a strengthening dollar, which normally tends to be bearish for the metal, analysts and traders said.
June gold settled up 20 cents at $435.80, while May silver dipped 1.5 cents to $7.26 on the New york Mercantile Exchange's Comex division.
Gold had slipped to $434 overnight and $434.10 early in the pit session.
Market watchers blamed this on both the weak euro and stronger tone in the U.S.