May 02, 2018

Gold is up $3.20, trading at $1,309.10 this morning after dropping yesterday to its lowest level of 2018. Gold’s decline comes as the US dollar continues to climb, reaching its highest point in over four months yesterday, and finally posting positive returns for the year.  Stocks are relatively dormant this morning ahead of today’s FOMC minutes where interest rates are poised to remain unchanged but should give deeper insight into the Fed’s stance for the rest of the year.