Barry Stuppler
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Strong Investor Interest and Industrial Usage Lead to Sturdy Silver Demand in 2014
(Read More)(Washington, D.C. – July 17, 2014) – Investor and industrial consumption of silver has advanced at a healthy pace in 2014, reflected in the silver price increasing 5 percent as of July 15 from the beginning of the year. . .
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Daily Market Report 07/21/14
GOLD After last week’s high volatility in the Gold price, it is nice to see some stability come back into the Gold pits. Today, Gold had a $10 high/low price range on trading volume, less than any day last week. Gold traders are looking for some consolidation in the market between $1,300 and $1,330 per ounce. At 11am PDT today...(Read More) -
Daily Market Report 07/18/14
GOLD A combination of the Malaysian Aircraft being shot down over Ukraine and the Israeli forces moving into the Gaza Strip has heightened Geopolitical concerns, which drove up precious metal prices yesterday. Gold had successfully rallied back above the $1,300 resistance level on Thursday before the news was released, which drove up the Gold price another 1%. Today, at 11am...(Read More) -
Gold up on safe-haven buying after Malaysian plane downed
(Read More)* Malaysian airliner crash intensifies Ukraine tensions
* U.S. imposes more sanctions on Russia
* Investors monitor Israeli ground offensive in Gaza
* Coming up: U.S. consumer sentiment FridayNEW YORK/LONDON, July 17 (Reuters) - Gold surged 1.5 percent on Thursday as investors sought shelter in the precious metal on fears of further turmoil after news that a Malaysian passenger jetliner had been downed in Ukraine. . .
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Daily Market Report 07/17/14
GOLD Gold has rallied back above the important $1,300 per ounce resistance level today, trading between a high of $1,324.90 and a low of $1,300.90 per ounce. At 11am PDT today, Gold is up $16.60 per ounce, trading at $1,317.40 on normal volume. SILVER Silver did finally move back above the $21 per ounce resistance level today, reaching a...(Read More) -
Daily Market Report 07/16/14
GOLD Gold has traded in a narrow $10 trading range today, between $1,293 and $1,303 per ounce. The bulls in the Gold market are fighting to keep the spot price above the key $1,300 price level. At 11am PDT today, Gold is up $2 per ounce, trading at $1,299 on normal volume. SILVER Silver could not move back above...(Read More) -
Daily Market Report 07/15/14
GOLD Yesterday’s $30 decline in Gold was the largest one day loss this year. What does that mean? Despite the fact we are in the summer months, normally a quiet time, it means the volatility in the Gold market is picking up. After Gold’s $90 increase in six weeks, having a 1/3 correction is acceptable, especially if Gold can hold...(Read More) -
Daily Market Report 07/14/14
GOLD Gold sold off this morning, reaching a low of $1,302 per ounce. We have major support at $1,300 per ounce, while the 100 Day Moving Average is at $1,304. After the recent $90 rally in Gold, it isn’t surprising to have a 1/3 correction, but the clear direction is higher. At 11am PDT today, Gold is trading at $1,306...(Read More) -
Daily Market Report 07/11/14
GOLD The Gold rally moved higher, closing up for the sixth week in a row. Since May 30th, Gold has increased $90 per ounce (7.2%) on excellent volume and continues to have a positive trader outlook. As for today, Gold has stayed within a very narrow $6 range all day, trading between $1,333 to $1,339 per ounce, showing excellent price...(Read More) -
Daily Market Report 07/10/14
GOLD Gold broke out this morning, moving above its recent trading range between $1,305 and $1,332 per ounce. At one point in early Asian trading, Gold reached $1,345 per ounce before seeing some light selling. At 11am PDT today, Gold is trading at $1,337 per ounce, up $14 on excellent volume. Chinese economy coming back strong Chinese exports rose...(Read More)





