Gold above $1,300,00.

 

Gold, Silver and Copper is down, but Crude Oil (brent) is up today. Copper is trading at $309,20, down -0,03%. Silver is trading at $19,61, down -0,52%. Gold is down -0,04%, trading at 1,300,30. Crude Oil (brent) is trading at $109,91, up +0,30%.

Gold

Nikkei is down -0,98%, trading at 14,288, but Europe is up today. It`s green all over. The Stoxx Europe 600 Index added 0,5%, led by health-care companies. AstraZeneca jumped 15% after Pfizer Inc confirmed its interest in taking over the U.K drugmaker for almost $99 billion.

 

U.S markets seems to open up today. That`s good after a big drop on Nasdaq on friday. Many tech stocks plummeted. Amazon slid nearly 10% on friday. I think that the investors didn`t like the guiding for the next months in Amazon.

 

Let`s follow the earnings right now. Many of the biggest blue-chips companies have beaten the investors estimates so far. That is pretty impressive, but not a surprise. Apple are earning big on their new expansion in China. A new big market have opened up.

 

With the FED meeting being held this week along with the U.S Labor Department releasing nonfarm employment data for April on Friday, it is expected not to see any big moves in the gold market. Let`s chech out the gold news this week. Gold is now above $1,300,00.

 

Reports today:

10:00 a.m EST Pending Home Sales m/m

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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