Gold and silver trade higher leading into the EU open

(Kitco News) - Gold and silver start the EU session higher this morning following some positive price action in the Asia Pac session. Gold has moved 0.10% in the black to trade at $1728oz, while silver is trading above the $25/oz level 0.54% higher.

In FX markets, the dollar index is 0.09% in the red with AUD/USD performing best 0.53% positive. The risk sentiment overnight was positive as the Nikkei 225 (1.56%), ASX (0.49%) and Shanghai Composite (1.63%) all closed higher following the positive lead from Wall Street. in the rest of the commodities complex, copper moved 0.85% in the black and oil also traded well and spot WTI is up 2.12%. 

Looking at the latest news stories, U.K. retail sales for February hit +2.1% month on month inline with expectations.