Gold prices are up slightly in early trades Tuesday with investors looking ahead to a slew of U.S. economic reports.
Gold futures for June delivery are up $1.90 or 0.15 percent at $1,285.70 an ounce, having slipped to a seven-week low of $1,278.30 an ounce overnight.
Silver for May delivery is up $0.041 or 0.21 percent at $19.793 an ounce, coming off a low of $19.638.
Meanwhile, copper is down marginally at $3.026, moving in a very tight range.
Investors will be looking ahead to the PMI Manufacturing data. Economists expect the manufacturing purchasing managers' index to be downwardly revised to 56.8 from the mid-month reading of 57.1.
Also due for release are the Institute for Supply Management's new orders index and manufacturing prices data and a report on construction spending.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.