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Last week the Gold rally continued, with Gold up $18, closing at $1,248.50 per ounce . . . .

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Posted in Weekly Market Report By Barry Stuppler

Last week was one of the best weeks we have seen this year. The Gold price moved from Wednesday’s low of $1,196 to Friday’s close of $1,230 per ounce . . . .

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Posted in Weekly Market Report By Barry Stuppler

Last week was the worst five days for the price of Gold this year. Gold has declined for the past nine trading days. That's the bad news. The good news is that Gold . . . .

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Posted in Weekly Market Report By Barry Stuppler

After seven weeks of Gold moving higher in 2017, it was time for some short-term profit taking. Gold closed last Friday at $1,226.50 per ounce, down $31.80 for the week, but still up $76.50 for the year. There was an interesting observation made about Friday's trading . . . .

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Posted in Weekly Market Report By Barry Stuppler

I feel like a broken record, as I say Gold continues to move higher. Gold was up again for the seventh of the first eight weeks of 2017. The surprising fact about last week's Gold rally is that the increase came in the face of . . . .

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Posted in Weekly Market Report By Barry Stuppler

Gold has closed higher six of the seven weeks since the beginning of the year. Last Friday, Gold closed at $1,239.10, up $89 per ounce (7.75%) since the start of 2017. Last week's Gold rally happened despite a stronger U.S. Dollar and equity market  . . . .

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Posted in Weekly Market Report By Barry Stuppler

Gold continues its 2017 rally, closing Friday at $1,236, up $16 per ounce for the week, and up $85 (7.4%) since the beginning of the year. Gold reached a new 2017 high of $1,246.60 last Wednesday. Interestingly enough . . . .

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Posted in Weekly Market Report By Barry Stuppler

Gold got back on track last week,reaching a new 2017 high of $1,227 last Thursday, and continues to show excellent price support on high CME trading volume . . . .

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Posted in Weekly Market Report By Barry Stuppler

Gold ended last Friday at $1,188.40 per ounce, down $16.50 for the week, but still up $38.40 since the beginning of the year. It was disappointing that Gold couldn't hold above the key $1,200 resistance/support level  . . . .

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Posted in Weekly Market Report By Barry Stuppler

Last Friday, Gold closed at $1,205 per ounce, up $54 (5%) since the beginning of the month. What is important about last week is that on all four trading days Gold closed above the key $1,200 per ounce support level  . . . .

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Posted in Weekly Market Report By Barry Stuppler
 

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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%
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