Barry Stuppler

GOLD This morning Gold sold down in Asian trading, reaching the $1,350 support level. At that important level the volume quickly increased and the price bounced back to over $1,360. At 11am PDT today, Gold is trading at $1,360 per ounce, down $12 per ounce on average volume.   SILVER Silver sold off with Gold today, reaching a low of...

This Week’s Headlines: Gold What is driving the Gold price higher? Silver Recommended Investment Commitment and Diversification GOLD Last week was a very profitable week for Gold investors, since Gold moved higher and higher every day of the trading week. By Friday, it was trading at $1,379 per ounce, an increase of $40.80 (3.05%) for the week. On the CME...

GOLD Gold has traded in a narrow $15 price range from $1,374 to $1,389 per ounce over the weekend. The independence vote in Crimea went as expected and there was little market reaction. This morning in the U.S., Gold tested the $1,370 area and held. At 11am PDT today, Gold is trading at $1,372 per ounce, down $6 per ounce...

GOLD Most of the direction of the Gold price this past week has been based on the developing news in regard to Secretary of State John Kerry’s discussions with Russia about the Ukraine. Gold reached a high of $1,388 this morning before the release of the news of Kerry’s six hour conversation with Russian Minister Sergey Lavrov in London. Many...

GOLD Gold has traded today in an $11 High/Low range, from $1,375 to $1,364 per ounce. This is very bullish considering that we had a $30 increase since the beginning of the week. Gold continues to move higher at a conservative pace, very much like 2011, when it reached its all-time high of $1,920 per ounce. At 11am PDT today...

GOLD Gold rallied sharply this morning, reaching a six month high of $1,371 per ounce, based on fears of more corporate defaults in China and the continued geopolitical problems with Russia and the Ukraine. With Gold making a solid break above the key $1,350 per ounce resistance level, the next resistance level I am looking at is $1,381. At 11am...

GOLD The Gold price traded very actively between $1,338 and $1,350 per ounce today, as weak Chinese exports data for February caused investors to buy Gold for safe-haven rather than equities. In a sign that confidence in the paper Gold market may be returning amid global uncertainties, SPDR Gold Trust, the world’s biggest bullion-backed exchange-traded fund, saw its largest inflow...

This Week’s Headlines: Gold Is the London Gold Fix going to be replaced by computers? Silver Recommended Investment Commitment and Diversification GOLD Gold continued to move higher last week, increasing $16.60 per ounce and closing the week at $1,338.20. Gold crossed above the $1,350 per ounce resistance level last week four times, reaching a high on Monday of $1,355, but...

GOLD In early Asian trading this morning Gold sold off, reaching a low of $1,328 per ounce. At that price bargain buyers appeared and quickly rallied the price back to $1,340 per ounce. At 11am PDT today, Gold is up $1 per ounce, trading at $1,341 per ounce on good volume. SILVER Silver hit a low today of $20.59 this...