August 02, 2017

This morning gold prices are trading $1,267.00/oz., down $2.00. Dollar weakness remains, with the Bloomberg US Dollar Index touching 31-month lows. Palladium is up for an 8th day in a row, trading over $900.00/oz. The Trump administration is opening an inquiry into China’s trade practices. The market awaits Friday’s unemployment report (expected 4.3% rate and 178K non-farm payrolls change).