After easing off the afternoon's high, the stock market is attempting
to push back toward the neutral line. General sentiment remains
largely pessimistic.
Gold made a nice gain on Friday. The precious metal closed up $20.50
at just over $900 per ounce. Gold remains more than 12% off its
52-week high reached in mid-March. At that time, gold climbed to
almost $1,034 per ounce.
The CRB Commodity Index is showing strength, up nearly 0.9% this
session. Meanwhile, the dollar remains largely unchanged from earlier
levels as the dollar index is down 0.7%.