It may be hard to believe, but the first quarter of 2017 is quickly coming to an end. With only a couple of days left in March, it seems likely that gold prices will score a solid gain in terms of their first quarter performance.

US equities broke an eight-day losing streak in reaction to positive economic data and an uptick in consumer confidence. The most recent data suggests that Consumer Confidence Index is at its highest level since 2000.

In an 11^th hour move last Friday, President Trump asked House leaders to cancel the vote to repeal and replace Obamacare. Market participants had little to no time to respond to this news on Friday.