Precious Metals and Platinum Price

Gold Spot Price today decreased to $1,253.90 (-0.28%) per ounce, Silver Price $16.92 (+0.23%), Platinum Price $930.20 (-0.72%), Palladium Price $819.00 (+0.17%), Dow Jones index 20950.70 (0.18% increase).

U.S. Dollar vs Platinum Price vs Precious metals

The US dollar hit a one-month high on Tuesday because many European countries were on May Day public holiday yesterday and the US dollar bulls have used the opportunity of thin markets to break through some key levels. Gold prices dropped near the three-week lows again today due to the fears and risks globally in general. Silver price slightly increased, platinum price dropped in morning trading, palladium price also increased today. Investors will be looking at the important labor-market report, with April jobs this week. Meanwhile, in the current global economic uncertain environment, precious metals forecast looks highly unsteady.

Stock Market Today

U.S. stocks on Tuesday opened higher S&P 500 2391.52 (+0.13%) and NASDAQ Index 6099.67 (+0.11%), Dow Jones Industrial Average 20950.70 (+0.18%). U.S. stock futures were pointing to a mixed start for Wall Street on Tuesday ahead of a meeting of the Federal Reserve and earnings from tech giant Apple. President Donald Trump turned his attention to breaking up Wall Street banks yesterday, a campaign promise that has yet to materialize despite frequent chatter on the subject. Apple announces its earnings results on Tuesday afternoon, and given that the company generates a significant portion of U.S. corporate earnings, the announcement could move the broader market. Economic calendar for today: Data on motor vehicle sales April will be released today. The Federal Open Market Committee will begin two-day policy meeting today.

Other articles: Fed Hikes Rates and Gold Price Attempt to Bottom, Daily Market Review April 21, Daily Market Review Feb 8, The Year of the Pig - Royal Mint.