Barry Stuppler

A weaker U.S. Dollar (91.27), combined with renewed congressional discussion about a Covid-19 stimulus legislation helped Gold rally today . . . . Barry Stuppler

This morning, excellent vaccine news outweighed a drop in the U.S. dollar (below 92) to a 2-year low, in determining. . . .Barry Stuppler

Last Friday, Gold closed at $1,782 per ounce, down $90 (4.8%) for the week. Breaking below the key $1,800 support. . . .Barry Stuppler

Gold is slightly higher on a weak U.S. dollar today. This morning, Citigroup came out with a $2,500 prediction for Gold. . . .Barry Stuppler

Today, the Dow Jones Average surpassed 30,000, an all-time high, as optimism of an economic recovery. . . .Barry Stuppler

This week will be a short trading week, with the financial markets being closed on Thursday (Thanksgiving). . . .Barry Stuppler

Last week, Gold traded from a low of $1,850 to a high of $1,898, closing at $1,872, down $13 per ounce for the week. . . .Barry Stuppler

Renewed hopes for a coronavirus stimulus package from Congress helped Gold rally this morning. Secretary Mnuchin. . . .Barry Stuppler

The feeling in the U.S. financial markets is that “we aren’t getting stimulus soon” . . . . Barry Stuppler

For the sixth time in the past three months Gold tested its long term support level last night. . . .Barry Stuppler