Barry Stuppler

GOLD Trading at $1,887.80 at 11am PDT, Gold is up $40 on the day in very active trading. Gold climbed to a record high above $1,895 an ounce in New York and London, as concern about slowing economic growth and debt crises spurred demand for bullion as a protection of wealth.   SILVER  Silver reached $44.09 in early trading then...

GOLD Gold continues its upward breakout, up $109.50 last week and up $250 for the last month. Friday’s call closed at $1,852.50 per ounce, reaching a new all-time high of $1,881.40 in Friday’s Asian trading, and almost $1,900 during U.S. trading this morning.  This increasing volatility in the gold market is beginning to concern me. I believe that the World’s...

GOLD It’s starting to feel like the movie Groundhog Day, where every day starts the same way.  Gold continues to move higher, hitting $1,881.40 in overnight trading, another all-time high.  Friday commodity trading is normally less active than during the week and gold trading has been in the $1,837 to $1,866 range for most of the day. Right now at...

Gold, at record-breaking levels as global economic worries mount, will see sustained demand from key markets India and China this year despite high prices, the World Gold Council said on Thursday.

Global demand for the second quarter to June was 919.8 tonnes, down 17 percent year-on-year, from 1,107 tonnes in the same period last year, as the "remarkably" high European investment seen earlier leveled off...

GOLD Wow, another new all-time high in gold and the U.S. Stock is down 500 points. I am beginning to sound like a broken record. Gold hit $1,827.80 today and at 11am PDT was trading at $1,819.80, up $27.80 per ounce for the day. The headline news is Venezuela, but Eurozone banking issues have added to the gold buying. Venezuelan...

GOLD Gold continued its move back to $1,800 per ounce today. At 11am PDT gold was selling for $1,792.00, up $10.70 per ounce on active trading. Yesterday’s statements from the meeting between the heads of France and Germany failed to quell Wall Street’s fears about euro zone leaders’ ability to contain the region’s sovereign debt woes. As a result, gold...

GOLD Today we are seeing gold build an excellent trading range from $1,763 to $1,787 on solid volume.  At 11am PDT gold is trading at $1,781.30 up $18.10 per ounce on the day. After this morning’s comments by French President Nicolas Sarkozy on euro zone proposals the gold market rallied higher as the Stock Market fell dramatically. As our country...

GOLD Last week was another extraordinary period for gold. Up $90.80 (5.5%) in just five trading days, gold closed the week at $1,742.60 on the heaviest trading for the month of August I have ever seen. Average volume was over 300,000 contracts a day, which is astonishing considering this is historically the weakest time of the year for gold trading...

Albanian Minerals President and CEO Sahit Muja said “Silver demand in China and India is set to rise 40 per?ent in 2012″.

China said its net imports of silver nearly quadrupled to more than 3,500 metri? tons in 2010, boosted by sharp in?reases in demand by the industrial se?tor and the jewelry industry.

Silver demand in China and India has in?reased sharply in re?ent years as more investors use silver as a store of value.
About 70% of China’s silver demand ?omes from the industrial se?tors...

GOLD Gold opened $10 lower in Asia before sizeable buying came into the market.  After the extraordinary trading last week that virtually set new record highs daily, it is nice to see gold stabilizing and trading in a narrow band.  Gold has traded in a $20 range today, holding at $1,753.20 per ounce, up $8 from last Friday’s close.  Today’s...