Advertisement
Canada markets open in 7 hours 19 minutes
  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CAD/USD

    0.7318
    -0.0002 (-0.03%)
     
  • CRUDE OIL

    83.53
    +0.17 (+0.20%)
     
  • Bitcoin CAD

    91,089.87
    +12.68 (+0.01%)
     
  • CMC Crypto 200

    1,417.39
    -6.71 (-0.47%)
     
  • GOLD FUTURES

    2,342.30
    +0.20 (+0.01%)
     
  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     
  • 10-Yr Bond

    4.5980
    -0.0520 (-1.12%)
     
  • NASDAQ futures

    17,739.25
    +132.50 (+0.75%)
     
  • VOLATILITY

    15.69
    -1.25 (-7.38%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    38,435.92
    +883.76 (+2.35%)
     
  • CAD/EUR

    0.6836
    0.0000 (0.00%)
     

How Economic Numbers and the US Dollar Downplayed Precious Metals

How Economic Numbers and the US Dollar Downplayed Precious Metals

The US Dollar Index (or DXY), which prices the dollar against a basket of six major world currencies, was up 0.36% on the day, and it’s risen almost 3.3% in the last month. The US dollar (UUP) remains a core determinant for gold and other precious metals. During the last month, gold and silver have fallen 2.5% and 1.4%, respectively.