April 22, 2019 -- Gold prices fell to slight new lows for the year last week, but silver held its ground. The white metal finished a couple pennies higher even as gold lost about $15/oz. The trading week was shortened by Good Friday.

Demand for safe-haven assets, including metals, remains muted on Wall Street and in the futures markets.

This despite increasingly gloomy outlooks for the U.S. and global economy.

The first look at Q1 GDP will be released this week and economists expect growth to decline from 2.2% in the fourth quarter to just 1.5%.

There will also be reports on existing home sales and durable goods orders, neither of which are expected to be rosy.



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