Traders are still waiting for a catalyst to move this market in a big way in either direction.
Gold prices moved sideways as the dollar consolidated as the dollar moved lower and U.S. yields remained stable. Gold volatility was unchanged, hovering near the 23% range. The increase in yields followed better than expected jobless claims along with strong housing starts.
S&P joins a growing list of Wall Street firms to weigh in on bitcoin after prices for the cryptocurrency quadrupled in 2020.