Top Daily News
5/4/2016
Gold futures finished lower Tuesday, retreating after the U.S. dollar rebounded off session lows and as investors sold some of their investments in the rapidly rising precious metal.
The ISM non-manufacturing index hit 55.7, according to the Institute for Supply Management. Analysts expected the index to hit 54.7 in April, up slightly from 54.5 in March, according to a Thomson Reuters consensus estimate.
Oil rose toward $46 a barrel on Wednesday as reduced production in Canada's oil sands region due to a wildfire pushed aside concerns about excess global supplies and expectations of rising U.S. crude inventories.
