(Kitco News) - Gold prices are modestly lower in early U.S. trading Friday, on downside correction after hitting a six-week high on Thursday. Still, the gold bulls are out of the shoot in good fashion to begin the new year. China’s stock market saw some pressure after weaker-than-expected export data was released. U.S. stock market traders are awaiting a batch of bank corporate earnings reports Friday, including J.P. Morgan Chase. Silver bulls’ next upside price breakout objective is closing futures prices above solid technical resistance at $17.30 an ounce.

Source: Forbes January 13, 2017 14:21 UTC