Stock Market Today

The Market Review. U.S. stocks on Wednesday opened mixed S&P 500 2681.02 (+0.06%) and NASDAQ Index 6944.86 (+0.12), Dow Jones Industrial Average 24738.58 (-0.03%). Wall Street Indexes look steady on a shortened holiday week. Most traders consider that in general the economy and financial markets doing better now than at the beginning of the year. Bitcoin prices stabilize after a sharp selloff last week and as the overall value of cryptocurrency climbs at a new record high.

Economic data for today: Consumer Confidence Index, Pending Home Sales

Gold Price increased to $1,286.70 (+0.10%) per ounce, Silver Price $16.71 (+0.03%), Platinum Price $926.60 (-0.13%), Palladium Price 1059.40 (+0.20%), Dow Jones index 24,743.07 (0.04% decrease).

U.S. Dollar vs Precious metals

US Dollar Index is lower today, and currently trading at the lowest level since the beginning of December. Gold price is moving to a nearly four – week high on Wednesday after a long weekend and slow first day of trading. With the start of 2018 just around the corner. Many investors are now wondering what will happen to gold next year. Among other precious metals: silver price is slightly lower, the platinum price dropped, palladium price is trading higher.

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