IAU closed at $36.92 after gaining 0.44% yesterday

Published: May 27 2023, 09:41 GMT+0

IAU closed at $36.92 after gaining 0.44% yesterday

Yesterday at a glance: after closing at $36.76 on Thursday, iShares Gold Trust rallied as high as $37 but ended the day at $36.92.

On the flip side, 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%.

At the same time, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. Fresh CFTC Crude Oil speculative net positions data from United States came out at 193,100.

Other markets are also showing gains as Costco is trading around $507.26 after ending yesterday's session at $486.55 (up 4.26% today). Intel is trading around $29 after ending yesterday's session at $27.4 (up 5.84% today). Netflix went up by 5.54% yesterday, and closed at $378.88.

23 days ago iShares Gold Trust reached a significant high of $38.86 but has consequently lost 5.4% since then.

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