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The 6PM Recap With Gary Wagner: Dollar Power Pushes Gold And Stocks Down – Crude Lower As U.S. Data Renews Upturn

A slightly mixed but nevertheless positive uptick in durable orders helped propel the U.S. dollar higher today. Taking out aircraft as a component meant the index was up 1% in April. Aircraft is taken out because it is volatile, orders sometimes taking…

Latest CFTC Data Shows Exaggerated Sentiment In Gold Market – Triland Metals

Gold In Euros To Outperform As ECB Loosens, Feds Tightens Rates – Commerzbank

Ongoing speculation on when the Federal Reserve will hike interest rates continue to weigh on the U.S. gold market, which is why one European bank said it sees more potential for gold priced in euros.

Gold Slumps Below $1,200 as U.S. Dollar Index Surges

Gold prices ended the U.S. day session solidly lower, fell below the key $1,200.00 level and hit a two-week low Tuesday.

U.S. New Home Sales Rise 6.8% in April

(Kitco News) – The U.S. housing market found some strength last month as more consumers bought new homes, according to the latest data from the U.S. Commerce Department.

U.S. Consumer Confidence Rises To 95.4 In May

(Kitco News) – U.S. consumer confidence rose this month, reversing some of the weakness seen in April, according to the latest data from the U.S. Conference Board.

Gold Solidly Lower, Hits 2-Week Low, as U.S. Dollar Rallies

Gold prices are solidly lower, have fallen below the key $1,200.00 level and hit a two-week low in early U.S. trading Tuesday.

Gold Vulnerable To Test Of Recent Range Bottom

An overnight jump in the U.S. dollar has pressured nearby gold futures lower in early trading on Monday.

U.S. Durable Goods Orders Fall 0.5%, Core Rises 0.5% In April

(Kitco News) – The U.S. manufacturing industry weakened in April, according to the latest data from the Department of Commerce.

Greece Back On The Front Burner as U.S. Dollar Rallies

Good morning this is the open with Jim Wyckoff. Gold and Silver prices are under pressure Tuesday morning as the U.S. dollar Index is posting a strong rally.