May 06, 2019

Gold is down slightly, currently trading at $1,278.00, after positive jobs data and the Fed’s dismissal of a potential rate hike curbed investors’ appeal for precious metals last week.  Stock futures are tumbling this morning with the Dow set to open down over 450 points today after President Trump said the US would be raising tariffs from 10% to 25% on $325 billion of Chinese goods.