Barry Stuppler

The Ducks Are Lining Up! . . . .

A low U.S. Dollar index helped Gold stay above the important $1,200 per ounce level today . . . .

On September 6, 2018, at 12 noon (ET) the U.S. Mint is set to release the first American Palladium Eagle one-ounce Proof coin (18EK) geared to collectors . . . .

A hoard of 2,000-year-old silver Roman coins has been unearthed by three metal-detecting friends in Yorkshire . . . .

While the United States continues to ramp up sanctions against Russia, Moscow keeps building up its gold reserves, which have already quadrupled since 2008 and currently amount to nearly 2 thousand metric tons . . . .

Gold is staying in a narrow trading range above the key $1,200 per ounce level, trading between $1,207 and $1,215 on normal volume . . . .

On April 18th, 2018, Gold was trading at $1,353 per ounce and the U.S. Dollar Index was at 89.48. Then, fears of a trade war among the U.S., China, and Europe hit the market place . . . .

This morning, Gold tested the $1,200 per ounce support level, reaching a low of $1,203 . . . .

Gold prices traded higher on Friday as Federal Reserve chairman Jerome Powell emphasized the central bank’s plans for gradual interest rate hikes would be conditioned on the continued strength of the U.S. economy and labor market . . . .

Recently the value of the U.S. Dollar has pretty much dictated the direction of Gold prices . . . .