Gold and silver trade higher leading into the EU open

(Kitco News) - Gold and silver are trading higher again on Thursday morning heading into the European open. It has been a real choppy week as the price action has remained sideways oscillating between gains and losses. The yellow metal trades at $1744.74oz while silver holds at $25.53/oz.

The indices have been mixed in the Asia Pac area. The Nikkei 225 is just above flat and the ASX is 0.51% in the black. The main laggard is the China A50 which moved 1.21% lower and the Shanghai Composite also traded 0.68% in the red.

In the FX markets, things were pretty lacklustre. Only NZD/USD got in to double digits in terms of movement with the pair trading 0.13% higher. In the rest of the commodities complex, copper moved 1.12% higher and spot WTI moved up half a percent.