Gold prices rose on Thursday, resuming gains after taking a pause yesterday, rising once more near $1,750/ounce, thanks to a drop in the US Treasury bonds, ahead of key data in the US.

Gold prices rose 0.75% to $1,749.15 an ounce, after opening at $1,736.20, and hit a low of $1,734.18.

Gold lost 0.7% yesterday, due to a temporary rebound in the US bond market.

The US 10-year Treasury yield fell 1.3% today to s 3-week low at 1.611%, which boosts the market's risk appetite.

This after Federal Reserve officials repeatedly assured that interest rates will remain low until there is a safer economic recovery.

From the US, retail sales are expected up 5.8% in March, while core sales are estimated up 5.1%. 

US unemployment claims for the week ending April 10 are expected down 41 thousand to 703 thousand, while continuing claims for the previous week are expected down 34K to 3.7 million.

Gold stocks at the SPDR ETF fell 3.21 metric tonnes yesterday, with the total at the lowest level since April 15, 2020 at 1,022.86 metric tonnes.

USD/JPY tilted higher in Asian trade off March 25 lows, amid a lack of data from Japan and ahead of US data and Fed speeches today.

As of 07:07 GMT, USD/JPY rose 0.01% to 108.94, with an intraday high at 108.98.

From the US, retail sales are expected up 5.8% in March, while core sales are estimated up 5.1%. 

US unemployment claims for the week ending April 10 are expected down 41 thousand to 703 thousand, while continuing claims for the previous week are expected down 34K to 3.7 million.

US Philly manufacturing index is expected down to 41.0, while the Empire State Manufacturing index is expected up to 19.3 from 17.4. 

US capacity utilization rate is expected up to 75.6% from 73.8% in February. 

Federal Reserve Bank of San Francisco President Mary Daly is due to speak about financial stability and monetary policy at an online event hosted by the Money Marketeers of New York University. 

Silver futures closed lower on Wednesday, on the US dollar's drop against most its major peers and pressure on stock markets.

Several US banks reported today their quarterly earnings results amid expectations of further growth in the coming period due to optimism about the US GDP.

The US Food and Drug Administration called for a pause on Johnson & Johnson vaccine after six rare clotting cases were reported after taking the vaccine, which poses a danger to their lives.

The dollar index fell against a basket of major currencies by 0.2% to 91.6 points as of 20:07 GMT, after hitting a high of 91.8 points and a low of 91.6 points.

Silver May futures rose 0.4%, and closed at $25.52 an ounce, after hitting a day high at $25.59 and the low at $25.235.

The major US stock indices closed mostly lower on Wednesday, except for Dow Jones, which was lifted by the rebound in the energy sector thanks to rising oil prices.

The quarterly business results season for the first quarter has started, and several US banks reported today their quarterly earnings results amid expectations of further growth in the coming period due to optimism about the US GDP.

To the oil market, WTI crude May futures jumped 4.9% or $2.97, to $63.15 a barrel, after hitting a high of $63.4 and a low of $60.3.

Brent June futures rose 4.5% or $2.91, and closed at $66.58 a barrel, after hitting a high of $66.9 and a low of $63.8.

As for stocks, Dow Jones rose 0.1% or 53 points, and closed at 33,730, with a day high of 33,911, and a low of 33,668.

Nasdaq fell 1% or 138 points to 13,857, with a high of 14,033 and a low of 13,839 points.

S&P 500 fell 0.4% or 17 points to 4,124, after hitting a high of 4,151 and a low of 4,120.