Barry Stuppler

A weaker U.S. Dollar Index and strong demand equals higher prices for Gold . . . . Barry Stuppler

Demand continues to grow, as the U.S. Mint saw the strongest Gold coin sales in 12 years . . . . Barry Stuppler

A sharp move higher this morning for both the U.S. Dollar and interest rates put precious metals on the defensive . . . . Barry Stuppler

As we start a New Year, let’s look back on 2021. Gold started the year at $1,893 and reached a high of $1,962 on January 6th . . . . Barry Stuppler

That price motivated bargain buying and the price quickly moved back over $1,800 and kept on going as demand increased . . . . Barry Stuppler

Gold tested support this morning, reaching a low of $1,788 per ounce before bouncing back . . . . Barry Stuppler

I like the fact that Gold is building a firm base over the key $1,800 support level during the holidays . . . . Barry Stuppler

Concerns about the Omicron variant spreading throughout the world is keeping the U.S Dollar Index above the key 96 level . . . . Barry Stuppler

After breaking down below the key $1,800 level in late November, Gold showed good demand last week finally moving above that resistance level . . . . Barry Stuppler

Gold is continuing its rally, reaching a high of $1,812 today on excellent volume for a holiday week . . . . Barry Stuppler