New Zealand Apr Electronic Card Retail Sales (YoY) increase to 5.2% vs 4.2%

The precious metals were unable to follow through with any gains today, as strength in the US Dollar appeared to be a catalyst for some of the losses. Gold finished down 1.08% to close at 1457, while silver closed down 0.83% at 23.70. On a final note, oil was once again capped just below the 97 level and finished the day down 0.50% at 96.20.