Gold fell $6.60 to $1261.60 at about 8:30AM EST, but it then bounced back higher in afternoon trade and ended with a loss of just 0.02%.Silver slipped to as low as $17.039 and ended with a loss of just 0.06%.
Euro gold rose to about €1131, platinum lost $15 to $931, and copper climbed a penny to about $2.59.
Gold and silver equities traded mostly slightly lower and closed with modest losses.
Tomorrow brings May’s jobs data and the Trade Balance.
Oil ended slightly higher after the Energy Information Administration reported that crude inventories fell 6.4 million barrels, gasoline inventories fell 2.9 million barrels, and distillates rose 400,000 barrels.
The U.S. dollar index rose and treasuries fell on this morning’s better than expected ADP Employment report that raised expectations for tomorrow’s Nonfarm Payrolls numbers.
The Dow, Nasdaq, and S&P saw decent gains on optimism over jobs and the economy.
Among the big names making news in the market today were Deere, Ford, Pimco, Herbalife, and Uber.
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