Gold Price and Silver Price today. Gold is at $1,239.60 (-0.20) per ounce, Silver Price $18.04 (+0.01), Dow Jones index 20,624.05 (Today’s change 0.02%).

 

U.S. Dollar vs Gold Price and Silver Price

Given that the US is on holiday today in celebration of President’s Day, trading likely to be rather low-key throughout the session. There are also no economic reports scheduled for release today.

Precious metals prices are little changed this  morning. Gold keeps raising its ascent even with some stronger than anticipated economic data.

The coming months may be very telling in terms of what the Trump administration may be able to accomplish. Current geopolitical uncertainty surrounding the administration and U.S. relations with Europe, China, Mexico and elsewhere may keep a floor under the price of gold.

 

Stock Market Today

U.S. markets close today due to the President’s Day Holiday. Market analytics are waiting for upcoming economic data this week ( Weekly Jobless Claims, New Home State, Consumer Sentiment etc.). Stocks remain not too far from recent highs, and could potentially go higher.

The political dynamics of Trump, Brexit and Eurozone elections make forecaster is likely to be based on the unpredictability that politics tends to produce. Time will tell how these events might affect global economics and the prices of precious metals.

 

 

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