Risk-on mood helps IAU post 0.44% gain 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, highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

Meanwhile, 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. 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 is trading around $507.26 after ending yesterday's session at $486.55 (up 4.26% today). Intel went up by 5.84% yesterday, and closed at $29. Netflix rallies 5.54% yesterday and closed at $359.

Having set a significant high of $38.86 23 days ago, iShares Gold Trust is trading 5.4% lower.