Gold and silver are mixed heading into the European open

(Kitco News) - Gold and silver are currently mixed heading into the European open. Gold is currently trading 0.26% higher while silver has lost -0.56% of its value. In the rest of the commodities complex, copper is -0.26% lower and spot WTI dropped -0.54%.

Bourses in the Asia Pac area all traded in negative territory overnight. The Nikkei 225 (-2.17%), ASX (-1.08%) and Shanghai Composite (-1.58%) all moved into the red. However, futures in Europe are pointing to a positive open. 

There was very little movement in the FX markets overnight. The biggest mover was AUD/USD which rose 0.26%. In the crypto space, BTC/USD rose 2.87% as it looks like $40k is being defended on the daily chart.