Barry Stuppler

While an increased value in the U.S. Dollar and higher interest rates are putting pressure on the Gold price . . . .Barry Stuppler

The markets are awaiting the next moves of the Israeli military and the Federal Reserve. . . .Barry Stuppler

Gold increased over $120 in the past week (a three-month high) in the face of higher interest rates and a strong U.S. Dollar. Many market watchers fear that the war will escalate in the Middle East.... Barry Stuppler

I have said numerous times in the past that the Gold price could be very explosive and the past week has proved it. . . .Barry Stuppler

Last night in Asian and European trading Gold tested the key support level of $1,950 and held. . . . Barry Stuppler

Fears that the war could expand to nearby countries, destabilizing the region, drew investors to Gold as a traditional safe haven asset. . . . Barry Stuppler

Gold has traded today between $1,913 and $1,932, as Gold tries to build a firm base above the $1,900 resistance level. . . .Barry Stuppler

Friday’s $60 increase in the Gold price came mostly in London and the U.S. . . . Barry Stuppler

Gold ended the week at $1,930 per ounce, up $100 in just five days on the highest trading volume we have seen in a month.... Barry Stuppler

In the face of a stronger U.S. Dollar and higher interest rates Gold broke out this morning, moving above the key $1,900 resistance level. . . .Barry Stuppler