May 06, 2020

Gold is trading at $1,682, its lowest price in 5 days, as it’s feeling pressure from a rising US dollar and increasing bond yields. Today,  ADP employment showed over 20 million jobs were lost in April as a result of this pandemic, but had little effect on stocks,  which had priced in worse numbers already. Stocks are currently split with the Dow and S&P flat and the Nasdaq is up about 1% as more states are beginning to allow non-essential businesses to reopen.