May 27, 2020

Gold dipped below $1,700 for the first time in over two weeks early this morning,  as stock futures signaled another good day for Wall Street after a strong performance yesterday.  Gold has since rebounded and is trading at $1,710 on rising tensions between the US and China.  Secretary of State Mike Pompeo announced today that Hong Kong is no longer autonomous after increasing Chinese intervention in the region.  Equities are holding their gains too, with the Dow, Nasdaq, and S&P 500 all trading near today’s highs.