Whilst most of the commodity markets took a hit, the gold price maintained some stability as prices stayed well above the $1,150 level. The Dollar Index hit year highs as currency traders moved out of the Euro and in to the Dollar, and this has helped curb the move up for gold, but there is plenty of data coming up to ensure that gold remains volatile.
Gold & Silver
- Aussie business confidence fell for a second consecutive month in April according to the NAB
- Euro traders should note that we have CPI data tomorrow, and GDP on Wednesday
Major Economic News
UK INTEREST RATES DECISION