How Gold Reacted To The News Out Of Iraq

Whoa Nelly, stocks and bonds
both finished up today.

Equity

The Nasdaq
future
(
NDU3 |
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was up 12.00 to close at 1263.50. The S&P 500 contract
(
SPU3 |
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was up 10.40 to close at 988.90, and the Dow
(
DJU3 |
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was up 52
at 9135.

Fixed Income

U.S. Treasuries continued had their fist up day in six.
The 10 year futures contract
(
TYU3 |
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was up 0-85 to close at 113-120; the 30 year
(
USU3 |
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was up by -13 to close at 110-13; and the five year note was up 0-65 at 112-23
(
FVU3 |
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.

Metals

August gold
(
GCQ3 |
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was down by .3 to close
at 351 on the back of the news out of Iraq that Saddam’s two sons were killed. Silver
(
SIN3 |
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was
up .50 at 4.795. Copper was
up .15
at 77.40
(
HGU03 |
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, and aluminum
(
ALN03 |
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was down at .6500.

Energy

August crude
(
CL03Q |
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oil was down by 1.59 to
close at 30.19. Natural gas was down .003 to close at 4.865
(
NG03Q |
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News |
PowerRating)
.

Currencies

The USD index
(
DX03M |
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was up .15 to close
at 96.62.