Gold June (GC=F) futures opened at $4,507.40 this morning, up 0.1% from Tuesday’s closing price.
The price of gold as of 7:38 a.m
ET this morning moved down to $4,472.90. The daily price of gold continues to wander within a narrow range each day. Investors are in a wait-and-see mode this week as both the U.S. and Iran continue their hand at negotiations, even despite recent military strikes by the U.S. on Monday.
It has been two weeks since gold’s price opened above $4,700. Mackenzie Investments Chief Investment Officer, Equities Lesley Marks, joined Market Domination Overtime yesterday to explain why investors should be paying closer attention to commodities amid market volatility and uncertainty. Marks discussed why they are emerging as attractive opportunities, the big-picture trends driving the sectors, and the one area she believes investors should avoid.