Precious Metal Prices

Precious Metal Prices and the Dow Jones today

Gold Price increased to $1,252.30 (+0.09%) per ounce, Silver Price $18.31 (-0.10%), Platinum Price $956.40 (+0.02%), Palladium Price $802.00 (+0.21%), Dow Jones index 20,639.30 (0.12% decrease). A new Monday morning starts with a fresh look over markets by bringing you everything you need to follow up for making well-thought investment decisions during the next 5 days. Here is not only new Monday for the markets, here is also a new month.

U.S. Dollar vs Precious metal Prices

The US dollar started the week on a positive note on Monday as some lackluster US data and comments from Federal Reserve officials gave investors few catalysts to build on their US currency exposure. The US dollar index, which tracks the US currency against a basket of six major rivals, was nearly  100.390 today. It notched a low of 98.858 last week, its weakest level since Nov 11, in the wake of US President Donald Trump's failure to pass a healthcare reform bill last month. This week, investors are waiting for the economic events, that could push dollar more than in a previous month. In March gold prices were relatively stable keeping up around 1,247.30 and precious metals traders became more bullish on gold/silver prices. However, the big picture of the precious metals is still indicative and uncertain . Investors  consider that this in April we may be ahead of another big rally in gold/silver prices.

Stock Market Today

US stock market opened slightly higher on Monday: S&P 500 2,361.59 (-0.05%) and NASDAQ Index 5,914.29 (+0.04 %), Dow Jones Industrial Average  20,658.52 (-0.02%). March was pretty hard and uncertain time for a market, the experts suggest that  the long-term prospects are looking up in coming month. Here is a  list  of  top  events that likely to impact US market this first week of April: On Thursday and Friday President Donald Trump meets with Chinese President Xi Jinping  and Trump already has predicted a “very difficult” meeting. On Tuesday the Cower and Co will host  its “Future of the Consumer” conference in New York. This event is full with the interesting presentations about the leading companies. On Wednesday, traders get Fed minutes from the last meeting of the FOMC, where the members voted to hike rates. This should provide little new insight.  This week, five Fed speakers can shed current light on the rate path ahead. Also, the European Parliament will debate a resolution on Brexit , the  US market hasn’t reacted much before, but now traders will keep  an eye on. On Friday evening investors are waiting for Friday's non-farm payrolls report.

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