December 06, 2017

Gold prices are trading unchanged at $1,266.00/oz. this morning.  Yesterday, prices dipped to a 2 month low of $1,261.00 as copper prices fell sharply.  Next week, the Fed is expected to raise interest rates.  This Friday, the debt ceiling expires, meaning there could be a partial government shutdown unless Washington hammers out a new, likely temporary, budget accord. Also on Friday,  US unemployment data is released.  Non-farm payrolls are expected to rise by 195K.