May 21, 2018 -- Gold prices fell last week, dropping below $1,300/oz for the first time since December. Silver fared a bit better, but lost about $.25/oz.

The U.S. dollar rally continues to weigh on metals prices. And demand for safe-haven assets remains weak despite higher oil prices and escalating geopolitical conflict. Americans are finding little to worry about in the markets these days.

To the extent investors are watching economic data, there will be reports out this week on home sales and durable goods orders. The minutes from the most recent FOMC meeting will be published on Wednesday, but don't expect any surprises. Most experts anticipate the next rate hike in June.



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