The Market Review: In the precious metals world, after yesterday’s drastic drop from $1365.30 to $1347.90 around midday, the price of gold peaked holding around $1353.50 as of this writing. The prices of silver, platinum, and palladium are all slightly down this morning also. At the time of writing, here are the prices:

 
Price of Gold $1,353.60
Price of Silver $17.46
Price of Platinum $1,021.70
Price of Palladium $1,091.15

 

The U.S. stock market is trading higher based on positive GDP data released this morning. The U.S. Dollar Index is slightly higher today after U.S. Treasury Secretary Steven Mnuchin made the assertion that a stronger dollar is in the best interest of the United States. The U.S. Dollar Index is at 89.01.

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Bitcoin is slightly down and trading around $11,036.

In politics, reports have come out that President Donald Trump tried to fire Special Counsel Robert Mueller fired but was stopped by his legal team.

Today, we’re the GDP and Durable Goods Orders reports have come out along with Core Capital Equipment Orders and Advance Trade in Goods.

Bullion Exchanges is located at 30 West 47th Street in New York City’s Diamond District and is open Monday through Friday 9 A.M. to 5 P.M., by phone at 800.852.6884, or online anytime at BullionExchanges.com. Our friendly team can address your Precious Metals investing questions and can help you with any bullion purchasing or selling requests.

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