“Gold prices stayed steady today after a bit of a bumpy ride on Friday. Last Friday, gold hit a really high price of $2,448.80, but then it went back down and ended almost where it started. This was because of some uncertainty in the Middle East and a strong U.S. dollar. Yesterday, gold went back up a bit to $2,414.80.
Back in February, gold hit its lowest price since mid-December because of some news about consumer prices. But since then, it has gone up by more than $400.
Today, gold prices are not changing much. They’re just staying around the same level, as shown on the daily chart.”
The price of gold dropped by 0.2% today, but it’s still a bit above $2,400. Now, let’s talk about the other valuable metals. Silver went up by 0.6%, platinum went down by 0.1%, and palladium went up by 0.8%. So, the prices of these metals are kind of all over the place this morning.
Yesterday, the news about Building Permits and Housing Starts wasn’t as good as people expected. Today, we’re waiting for the Beige Book release at 2:00 p.m.
