New Record High: Gold

Stocks have started the session with handsome gains pushing S&P 500 almost all the way to its new fresh highs for the year. The strength is coming from commodities and the weakening dollar. Crude oil is now trading with strong and confident gains last traded at $1,192.30 an ounce, up $13.8 though, down from its earlier record high of $1,200.49. U.S. dollar index on the other hand, is under selling pressure, 74.44 down 0.58%.