News) - Gold and silver prices are trading sharply up in midday U.S. trading Monday, as the global marketplace has seen in significant uptick in sentiment to start the trading week, on reports the coronavirus outbreak may be de-escalating. This somewhat encouraging news appears to be a goldilocks scenario for gold and to a lesser degree silver, as buyers are more confident to step in and purchasing the safe-haven metals, while knowing there are still very tough times ahead, including the specter of problematic inflation farther down the road. June gold futures were last up $46.10 an ounce at $1,692.20. May Comex silver prices were last up $0.561 at $15.045 an ounce.