The dollar opened at 106.81, traded to an intraday high of 106.97 (just below yesterday’s high), and then traded to a lower low and lower close than yesterday. Currently, the dollar index is down - 0.18% and fixed at 106.53.

Gold continues to trade under pressure trading dramatically lower for the last seven consecutive days. Today gold traded to a low of $1830.90, a low not witnessed in gold futures since Thursday, March 9.

This is the second largest monthly decline this year with only February having a greater devaluation of gold futures. In February gold prices dropped by $108.60 a decline of 5.37%, September will come in as a close second giving up $99.80 or 5.08%.