IAU ascends to $36.92 after adding 0.44% yesterday

Yesterday at a glance: iShares Gold Trust spiked to $37 yesterday and consolidated before initiating a fresh rally to $36.92. This comes following Thursday'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%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

Other markets are also showing gains as Costco soars 4.26% yesterday and closed at $486.55. Intel is trading around $29 after ending yesterday's session at $27.4 (up 5.84% today). Netflix is trading around $378.88 after ending yesterday's session at $359 (up 5.54% today).

IShares Gold Trust has fallen back around 5.4% from the significant high of $38.86 set 23 days ago.