Barry Stuppler

Mexico, Russia and Thailand added gold now valued at about 6 billion US dollars to their reserves in the first quarter of 2011 as metal prices advanced to a record, the dollar weakened and US Treasuries lost investors money.

Mexico bought 93.3 metric tons since January, increasing holdings from about 6.9 tons, according to data from the IMF and the Central bank later said it purchased 100 tons in recent months. Russia increased reserves...

GOLDGold closed today at $1,494.70, up $0.60 an ounce on light trading. The global demand for physical gold over paper backed gold continues to grow. Worldwide Investors abandoned gold exchange-traded funds in the first quarter in favor of coins and bars. This buying of physical gold investment products helped lift overall bullion demand by 11 percent. The World Gold Council...

GOLDGold was up $9.70 an ounce today, closing the day’s trading at $1,494.10 on average volume.  Gold did benefit from increased buying overnight in India and China, supported by higher Crude Oil and equities prices in the world’s financial markets.   SILVERSilver ended the day’s trading at $35.02, up $1.06 an ounce and above that important $35 barrier. Legendary investor...

You can’t accuse the hedge fund manager John A. Paulson of lacking loyalty. Even as big-name investors like George Soros peel back their bets on gold, helping to send prices falling, Mr. Paulson, who heads the $37.5 billion hedge fund Paulson & Company, has chosen to stay the course, according to recent regulatory filings that indicate he actually increased his bets on certain companies exposed to gold.

Gold, to be sure, has treated him well. Mr. Paulson netted...

GOLDGold, with active trading, ended down $10.20, closing at $1,484.40 an ounce. Like yesterday, most of the news affecting the precious metal markets was the strength of the US Dollar and the weakness in Crude Oil and other commodities.  Early in the trading session gold hit $1,471, but sizeable buying came in and moved the market higher. It’s been reported...

GOLDGold closed at $1,494.80 an ounce today, up $0.60, today on normal trading volume. The overnight markets showed support based on a weaker dollar, ranging from a low $1,486 to a high of $1,505.  Demand for physical Gold is very strong with the U.S. Mint reporting sales of 85,000 ounces of American Gold Eagles since May 1.  The on-going fight...

Gold and silver are higher this morning with the dollar, the British pound and commodity currencies falling in value. It is too early to tell whether the recent margin driven, paper sell off on the COMEX is over but physical supply remains limited while demand remains robust, particularly in China, India and wider Asia.

Knowledgeable experts continue to urge investors to own gold and silver due to the likelihood of much higher prices, currency and inflation risk.

One of the most respected global technical and macro strategists in the world, Robin Griffiths has said that silver and gold...

GOLDGold closed today at $1,494.20, down $8.10 an ounce for the day on light trading. Look for a test of the $1,500 area in Asia on Monday, based on the direction of the US dollar. The two issues that are effecting the movement in the Gold market today are: the strength or weakness of the US Dollar, finally closing near...

Chinese speculators have emerged as a big driver of silver’s spectacular rally and subsequent crash with trading in the metal in Shanghai soaring nearly 30-fold since the start of the year.

The commodity, nicknamed “the devil’s metal” for its wild price swings, surged 175 per cent from August to a peak of almost $50 a troy ounce two weeks ago. Since then, it has plummeted 35 per cent, hitting a low of $32.33 on Thursday.

At the same time, silver turnover on the Shanghai Gold Exchange...

GOLD Gold closed at $1,502.30, down $2.90 for the day. Gold sold off with Silver overnight in Asia, reaching $1,483 at one point.  Gold continues to show strength at $1,500 and rallied back. The World Gold Council (WGC) released the World Official Government Gold Holdings as of May 1, 2011. Ten different Central Banks have replaced U.S. Dollars in their...