Barry Stuppler

Ironically, there is more volatility in the world’s equity markets than in the precious metal markets . . . .

Right now, with the U.S. Dollar’s strength (96.40 U.S. Dollar Index), Gold is trying to stay above $1,230 per ounce level . . . .

Last Friday, Gold hit a high of $1,243 per ounce on the best CME trading volume of the week . . . .

Gold reached a high of $1,243.50 per ounce before seeing short-term profit taking . . . .

Since 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. In fact, the World Gold Council (WGC) has shown that demand for gold . . . .

Gold is a proven investment asset, capable of reducing portfolio risk and boosting returns. As such, Chinese investors could benefit from allocating some of their portfolio assets to gold . . . .

Today, Gold traded between $1,230 and $1,239 per ounce, closing at the lower end of the trading range . . . .

After reaching the break-out price of $1,240 per ounce yesterday, Gold is seeing some short-term selling this morning . . . .

Gold continued its break-out rally this morning, reaching $1,240 per ounce on Asian and European markets . . . .

The burgeoning interest in gold has reached Wall Street, with Bank of America Merrill Lynch strategists backing bullish options linked to the precious metal . . . .