Gold, oil open lower

On Sunday open spot gold dropped $20 hitting $1,970 a ounce.

Oil was down, too, with Brent crude off 0.87% to $111.7 a barrel.

April gold futures last traded at $1,979.3 an ounce, down 0.29%.

Hong Kong's Hang Seng index opened lower, down 1.61% on Monday local time.

Major action in the Ukraine-Russia war over the weekend was a Ukrainian base near Poland getting hit by cruise missiles fired by Russia. Thirty-five people were killed, and 134 were wounded.
 

By Michael McCrae

For Kitco News

Time to buy Gold and Silver on the dips

David