Barry Stuppler

  1. Daily Market Report 8/20/14

    GOLD Gold is holding steady as the market awaits the release of the minutes from the latest FOMC meeting. The burning question from the FOMC report is, "When will the Fed implement its first interest rate rise in many years?" The market is also looking to Friday’s upcoming speeches by Federal Reserve Chair Janet Yellen and ECB President Mario Draghi...
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  2. Daily Market Report 8/19/14

    GOLD Gold dropped a bit more again today as the market is currently waiting on a few key indicators to determine its direction. Housing starts in the U.S. reached the highest level in eight months, adding to evidence the U.S. economy is gaining traction. All eyes are on Jackson Hole this week as investors anticipate what Fed Chair Janet Yellen...
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  3. Daily Market Report 8/18/14

    GOLD Tensions in Ukraine and the Middle East have largely contributed to Gold’s near 8 percent gain this year. Gold fell below $1,300 an ounce today on easing Ukraine tensions and a steadier U.S. Dollar. The dollar gained 0.2 percent against a basket of currencies (after a sixth straight weekly loss) after a report showed confidence among U.S. homebuilders reached...
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  4. Daily Market Report 8/15/14

    GOLD Gold trading was fairly uneventful today as prices remained above the key $1,300 support level. As summer winds down traders are keeping a watchful eye on events in Ukraine and the Middle East. Retail sales are the primary gauge of consumer spending and this summer’s weak numbers point to a slow start to the upcoming third quarter. If global...
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  5. Daily Market Report 8/14/14

    GOLD Gold prices dipped a bit lower in overnight trading, then rose slightly this morning after unexpected news of a rise in weekly U.S. jobless claims. As the summer winds down, ongoing geopolitical situations have been temporarily put on the back burner. Early September could bring renewed geopolitical concerns, which would be bullish for Gold. At 11am PST Gold is...
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  6. CME/Thomson Reuters to Run Replacement for Silver Fixing

    CME Group Inc. and Thomson Reuters Corp. will run the replacement for the 117-year-old silver-fixing benchmark that’s ending in August, the London Bullion Market Association said. Testing is set for early August with the new mechanism to go live on Aug. 15, the LBMA said today in an e-mailed statement . . . .

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  7. Daily Market Report 08/13/14

    GOLD Gold is up slightly today in the US market after the dollar was hit due to news that was released today showing that US retail sales were less than expected in July. This news has also curbed speculation regarding an interest rate increase sooner than expected by the Federal Reserve. At 11am PDT today, Gold is up $3.57 per...
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  8. Daily Market Report 08/12/14

    GOLD The Gold prices moved higher in early trading based on some safe-haven demand offsetting a much stronger U.S. Dollar. Gold reached $1,317 before seeing short term selling. At 11am PDT today, Gold is up $2 per ounce, trading at $1,310 on light volume.   SILVER For most of the trading day, Silver traded over $20 per ounce. Then, as...
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  9. Weekly Market Report 08/11/14

    This Week’s Headlines: Gold Silver Rare Coin Market Update The Kennedy Gold Coin becomes a Numismatic Disaster Recommended Investment Commitment and Diversification GOLD The negative effects on the Gold price of a strong U.S. Dollar in the world’s foreign exchange markets is being offset by the geopolitical and military actions currently occurring around the world. The Russian build-up of troops...
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  10. Daily Market Report 08/11/14

    GOLD Gold is trading today in a narrow $6 high/low trading range from $1,305 to $1,311 on average volume. Gold continues to build a base above $1,300 per ounce as it consolidates recent gains. At 11am PDT today, Gold is trading at $1,308, down $2 per ounce on average volume.   SILVER Silver continues the bull/bear fight to stay above...
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