June gold futures are expected to open floor trading in New York around $10 an ounce lower Monday, based on electronic activity ahead of the pit session at the Comex division of the New York Mercantile Exchange. May silver is expected to be down about 26 cents an ounce. At 7:52 a.m. EDT, spot gold was trading down $7.75 to $913.30. In overnight activity, spot gold prices traded mostly steady in Europe with the focus this week on the Group of 20 developed and developing nations meeting in London and Thursday's European Central Bank interest rate decision, traders and analysts said. In other markets that have the potential to impact metals in the short term, the euro is down to $1.3206 from $1.3287 late Monday afternoon. In screen trading ahead of the pit open, the June S&P 500 futures are down 19.20 points at 796.90. May crude is down $1.37 to $51.01 in overnight activity. U.S. economic reports on Monday include the March Dallas Fed manufacturing outlook survey at 10:30 a.m. EDT (1430 GMT). In New York Friday, gold futures declined on a muscular U.S. dollar, profit-taking, technical selling and potentially deflationary economic data. June gold sank $16.90, or nearly 1.8%, to settle at $925.30. May silver lost 35.7 cents, or more than 2.6%, to settle at $13.263. Comex gold warehouse stocks were down 2,637 ounces at 8,873,785 ounces Friday, while silver stocks were up 31,320 ounces at 125,405,773 ounces. -By Matt Whittaker, Dow Jones Newswires; 201-938-5959; matt.whittaker@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=arzBFYCmpOSRdm30qLi8mg%3D%3D. You can use this link on the day this article is published and the following day.

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