Barry Stuppler

GOLD Gold rallied today as the dollar and equity markets fell on signs the European Central Bank may not be continuing to add more stimulus. Renewed tensions in the Ukraine increased Gold buying from Asia and the Middle East. Iraq’s central bank said it might buy more Gold in the next few months, having already purchased 60 tonnes over the...

GOLD Gold is trading in the $1,295 to $1,395 per ounce price range with light volume and no firm direction. At 11am PDT today, Gold is trading at $1,297, down $6 per ounce on very light volume.   SILVER Earlier this morning, Silver was briefly over $20 per ounce, but couldn’t hold it. At 11am PDT today, Silver is unchanged...

This Week’s Headlines: Gold Estimates of Chinese Gold demand Growing The April 2014 CoinStats is Now Available Silver Recommended Investment Commitment and Diversification GOLD Gold spent last week trading between $1,279 and $1,307 per ounce while looking for a direction. On Friday, some fresh Asian Gold buying appeared taking the price to above the key $1,300 resistance level. By the...

GOLD Yes, I was hoping to see a rally back above the key $1,300 per ounce level and it happened today, with Gold reaching a high of $1,307. Gold rallied $20 today, the most in three weeks after a government report showing U.S. job growth was less than expected triggered economic concerns, boosting demand for the metal as a store...

GOLD Gold is trying to stabilize in the $1,280 to $1,300 per ounce level. Considering the trading volumes haven’t been that high the market is trying to consolidate in this trading range. A breakdown below $1,277 could cause technical selling down to $1,260, while a strong move above $1,300 could drive the price back to the $1,320 area. At 11am...

GOLD It appears that the recent decline in Gold has bottomed out around $1,277 per ounce. However, the key number is still $1,300 before traders will become bullish again. At 11am today, Gold is trading at $1,290.40, up $9.40 per ounce on excellent volume.   SILVER Silver has moved above the key $20 per ounce resistance level on excellent volume...

GOLD Gold is trading in a very tight $10 range, from $1,278 to $1,288 on average volume. I need to see Gold rally back above the $1,300 resistance level by week end to regain its bullish sentiment. At 11am PDT today, Gold is trading at $1,281 per ounce, down $5 from yesterday.   SILVER Silver continues to trade in the...

GOLD Gold held in the $1,292 to $1,297 area during early morning Asian trading. When U.S. commodity markets opened, Gold sold off to $1,282 on good volume. Today is the last day of the quarter and Gold has a history of selling off during this timeframe (read today’s Weekly Market Report for more details). At 11am today, Gold is down...

This Week’s Headlines: Gold 2013 Worldwide Central Bank Gold Demand Numismatic Update Silver Recommended Investment Commitment and Diversification GOLD Last week’s Gold trading was very disappointing. The price broke down below the key $1,300 per ounce support level, closing on Friday at $1,295 per ounce, down $42 for the week. I spotted an interesting trend; this is the 4th quarter...