In Spanish Nomas simply means ‘no more.' This seems as if it relates to NoKo (North Korea), which means no more reaction or action from the United States administration, at least not yet.

The potential for real tax cuts in the United States for both corporations and individuals, along with the fact that today North Korea fired a ballistic missile towards Japan in their latest act of aggression, had little effect on current gold pricing.

Gold prices opened above its 50-day moving average for the first time in more than a month.