Call Now

Skip to Main Content »

5 Star! 100% Positive!   Norton    
0 items$0.00
Hello Guest!
Current Spot Prices:
Gold
Silver
Platinum
Palladium

Daily Market Report 3/30/17

3/30/17 11:05 AM

GOLD

Gold has traded today above and below the $1,250 per ounce level, hitting a low of $1,244 and a high of $1,254. On a short-term basis, it’s important that Gold stay above $1,250 for four or five trading days to continue the bullish direction. At 11am PDT today, Gold is trading at $1,246 per ounce, down $7.50 on good volume.

SILVER

The Silver price is holding up better than Gold, staying firmly above the key $18 per ounce support level. Silver did test the $18 level earlier today, hitting $18.04, but quickly rallied $0.10 per ounce. At 11am PDT today, Silver is down $0.03 per ounce, trading at $18.17 on excellent volume.

Posted in Daily Market Report By Barry Stuppler

Daily Market Report 3/29/17

3/29/17 11:04 AM

GOLD

Gold tested its important $1,250 per ounce support level, reaching a low of $1,247 this morning. Gold continues to consolidate in a narrow $7 trading range. At 11am PDT today, Gold is trading at $1,254 per ounce, down $1 on normal volume.

SILVER

Like Gold, Silver tested its support level of $18 per ounce this morning, hitting a low of $18.02 before major buyers appeared. Trading activity in the world’s Silver markets is looking good. At 11am PDT today, Silver is up $0.03 per ounce, trading at $18.20 on good volume.

Posted in Daily Market Report By Barry Stuppler

Daily Market Report 3/28/17

3/28/17 11:02 AM

GOLD

Today Gold has traded in a narrow $7 high/low range, from $1,258 to $1,251 per ounce. After breaking above an important resistance level ($1,250), it is very healthy for Gold to consolidate its recent gains and start building a base for the next leg higher. At 11am PST today, Gold is trading at $1,255 per ounce, unchanged from yesterday, on normal volume.

SILVER

The Silver price is behaving better with fresh Asian and European buying. Silver traded as high as $18.26 before seeing some light short-term profit taking. At 11am PST today, Silver is trading at $18.17 per ounce, up $0.12 on good volume.

Posted in Daily Market Report By Barry Stuppler

Daily Market Report 3/27/17

3/27/17 11:16 AM

GOLD

This morning in Asian and European markets Gold broke through the $1,250 barrier, reaching a high of $1,261 per ounce on short covering. In U.S. markets, Gold saw some light selling at the $1,260 level. A lower stock market and weaker U.S. Dollar contributed to the Gold rally. At 11am PST today, Gold is up $6.50, trading at $1,255 per ounce on excellent volume.

SILVER

Silver broke through the $18 per ounce resistance level in Asian and European markets this morning. Silver reached a high of $18.15 per ounce before seeing some light selling. At 11am PST today, Silver is trading at $18.05 per ounce, up $0.34 on excellent volume.

Posted in Daily Market Report By Barry Stuppler

Daily Market Report 3/24/17

3/24/17 11:08 AM

GOLD

Today, Gold is trading in a narrow $9 high/low range, between $1,250 and $1,241 per ounce. Gold is preparing to quickly move above the key $1,250 per ounce resistance level early next week. At 11am PST today, Gold is trading at $1,249 per ounce, up $2 on average volume.

SILVER

The Silver price continues to show more strength than Gold. After hitting the $17.50 per ounce support level in early trading, Silver rallied, reaching a high of $17.79 per ounce. At 11am PST today, Silver is up $0.11 per ounce, trading at $17.71 on good volume.

Posted in Daily Market Report By Barry Stuppler

Daily Market Report 3/23/17

3/23/17 11:12 AM

GOLD

Today Gold made its second recent attempt to break above the key $1,250 resistance level, reaching a high of $1,253 per ounce before selling appeared. Price consolidation is very positive for Gold after the recent $50 rally. At 11am PST today, Gold is trading at $1,247 per ounce, down $2 on normal volume.

SILVER

Silver showed more strength than Gold today, reaching a high of $17.71 before seeing short term profit taking. Like Gold, Silver is also showing excellent price consolidation, trading in the $17.50 to $17.70 range. At 11am PST today, Silver is up $0.04 per ounce, trading at $17.60 on average volume.

Posted in Daily Market Report By Barry Stuppler

Daily Market Report 3/22/17

3/22/17 11:03 AM

GOLD

The rally continues as Gold made its first attempt to break the $1,250 resistance level in the past two weeks. I like what I’m seeing in professional trading activity. Most professional day traders have covered their short sales and are now buyers. At 11am PST today, Gold is trading at $1,249 per ounce, up $3 on average volume.

SILVER

Silver reached a high of $17.61 per ounce before seeing light profit taking today. Most of today’s trading has been above the $17.50 level, showing good support. At 11am PST today, Silver is up $0.01, trading at $17.56 per ounce on normal volume.

Posted in Daily Market Report By Barry Stuppler

Daily Market Report 3/21/17

3/21/17 11:01 AM

GOLD

The value of the U.S. Dollar and stock markets dropped today and Gold moved up $13 per ounce. Professional traders are beginning to think the Trump stock market rally has ended and are looking at precious metals. At 11am PDT today, Gold is up $13, trading at $1,246 per ounce on excellent volume.

SILVER

Silver followed Gold higher, reaching a high of $17.63 per ounce on excellent worldwide demand. After last week’s bounce off the bottom ($16.83) we are seeing professional traders taking on new long positions in the May CME contracts. At 11am PDT today, Silver is trading at $17.55 per ounce, up $0.13 on good volume.

Posted in Daily Market Report By Barry Stuppler

Daily Market Report 3/20/17

3/20/17 11:00 AM

GOLD

This morning Gold has traded in a very narrow trading range from $1,229 to $1,236 per ounce. I consider this as bullish base building trading, in light of last week’s $30 rally. At 11am PST today, Gold is trading at $1,233 per ounce, up $4 on normal volume.

SILVER

This morning Silver traded above and below the $17.40 per ounce level. Today’s trading shows excellent consolidation after last week’s $0.60 increase. At 11am PST today, Silver is up $0.06 per ounce, trading at $17.42 on average volume.

Posted in Daily Market Report By Barry Stuppler

Daily Market Report 3/17/17

3/17/17 11:03 AM

GOLD

The Yellen rally continues with Gold reaching a high of $1,231.60 this morning. After this week’s $30+ gain in the price of Gold, it is good to see some consolidation in the price. This consolidation will allow Gold to build a base for the next leg up, back to the important $1,250 per ounce resistance level. At 11am PST today, Gold is trading at $1,229 per ounce, up $4 on average volume.

SILVER

Silver reached a high of $17.44 per ounce in early trading. Demand for physical and paper Silver is increasing. On both Wednesday and Thursday the CME May Silver contracts volume was over 70,000 five thousand ounce contracts. That’s 350 million ounces of .999 Silver traded on two up-days. At 11am PST today, Silver is up $0.08 per ounce, trading at $17.36 on average volume.

Posted in Daily Market Report By Barry Stuppler
 

Investor Resources

Visit the Investor Education Center >

Date
Dec 2002
Dec 2003
Dec 2004
Dec 2005
Spot Price
$348.10
$415.70
$437.50
517.10
Increase
+25.90%
+19.42%
+5.24%
+18.19%
Date
Dec 2006
Dec 2007
Dec 2008
Dec 2009
Spot Price
$638.00
$833.20
$878.30
$1096.50
Increase
+23.38%
+30.60%
+5.41%
+24.84%
Date
Dec 2002
Dec 2003
Dec 2004
Dec 2005
Spot Price
$4.80
$5.95
$6.81
$8.82
Increase
 
+23.96%
+14.45%
+29.51%
Date
Dec 2006
Dec 2007
Dec 2008
Dec 2009
Spot Price
$12.93
$14.77
$11.32
$16.48
Increase
+46.60%
+14.23%
-23.36%
+48.85%
Date
Dec 1998
Dec 2000
Dec 2002
Spot Price
$345.12
$598.47
$606.89
Increase
 
+73.4%
+1.4%
Date
Dec 2004
Dec 2006
Dec 2008
Spot Price
$884.49
$1104.53
$902.24
Increase
+45.7%
+24.9%
-18.4%
Close Investor Dashboard