Barry Stuppler

  1. Gold Crosses Party Lines

    Gold futures have chalked up their best settlement so far this month and the precious metal seems to be defying analyst predictions that it will remain in a holding pattern until after the election. If gold was a funding bill, it would be getting bipartisan support . . . .

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  2. Daily Market Report 10/21/16

    GOLD Gold continues to trade in a narrow high/low price range, awaiting news that will give it short term direction. This morning Gold hit a high of $1,268 and a low of $1,261 per ounce, only a $7 range. At 11am PDT today, Gold is trading at $1,267 per ounce, unchanged from Thursday’s close on average volume. SILVER Silver has...
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  3. Jewelers see festive demand rising 10-20% this year

    Jewelers are offering discounts of up to 50% on making charges to attract consumers in the ongoing festive season in the hope that the surge in rural demand will more than make up for the almost 10% higher gold prices this year, high import duties and a closer watch by the tax authorities on sales . . . .

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  4. Daily Market Report 10/20/16

    GOLD After this week’s $20 Gold rally, the markets are consolidating in a narrow $10 high/low trading range. I look for Gold to firmly move back above the $1,270 level quickly and continue on to the $1,300 level. At 11am PDT today, Gold is trading at $1,267 per ounce, down $2 on average volume. SILVER Silver is comfortable trading above...
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  5. Daily Market Report 10/19/16

    GOLD The Gold/Silver rally continues with Gold moving over $1,270 this morning on excellent demand from Asia, the Middle-East and Europe. Gold hit a high of $1,273.50 before seeing some light short term profit taking. At 11am PDT today, Gold is trading at $1,269.50 per ounce, up $7.50 on excellent volume. SILVER Silver continues to show good consolidation in the...
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  6. Daily Market Report 10/18/16

    GOLD Yes, today Gold has started its rally back to $1,300 by breaking out of its recent trading range. In Asian and European trading, Gold found excellent demand and quickly moved above the $1,260 level, reaching a high of $1,265 per ounce. At 11am PDT today, Gold is trading at $1,262 per ounce, up $5 on excellent volume. SILVER Silver...
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  7. Weekly Market Report 10/17/16

    October 2016 CoinStats is now available . . . .

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  8. Daily Market Report 10/17/16

    GOLD Today the high/low price range for Gold is only $7 from $1,257 to $1,250 per ounce. This is the classic definition of building a base and consolidation after a sharp decline. Clearly the Gold price is waiting for some news or economic indicators to give it short term direction. At 11am PDT today, Gold is trading at $1,257 per...
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  9. China gold demand to stay firm at 900-1,000 tones in 2017

    Demand for gold from top consumer China will remain strong at around 900-1,000 tonnes next year, near 2015 levels, although a weaker appetite for jewelry and slowing economy could curb purchases, an official of the World Gold Council said . . . .

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  10. Daily Market Report 10/14/16

    GOLD Today reminds me of the movie “Ground Hog Day,” it’s the same price range, volume and base building all over again. Gold is stuck in a narrow trading range from $1,250 to $1,260, awaiting news that will cause it to breakout. At 11am PDT today, Gold is trading at $1,257 per ounce, down $1 on average volume. SILVER Silver...
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