IAU added 0.44% to close at $36.92 today

Published: May 26 2023, 21:40 GMT+0

IAU added 0.44% to close at $36.92 today

Today at a glance: iShares Gold Trust spiked to $37 today and consolidated before initiating a fresh rally to $36.92. This comes following yesterday's session in which it closed at $36.76.

Nevertheless, Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%. Highly important Pending Home Sales data from United States beat analyst expectations of 0.5% with a reading of 0%.

At the same time, United States Core PCE Price Index (MoM) (Apr) released today at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3.

IShares Gold Trust shows positive signs, other assets are also on par: Costco leaps up 4.26% today and closed at $486.55. Intel added 5.84% and closed around $27.4 today. Notably, Netflix rose 5.54% today and closed at $359.

IShares Gold Trust has fallen back around 5.4% over the past 22 days, from a notable high of $38.86.