Barry Stuppler

The month of May ended last Friday with the price of Gold at $1,306 per ounce. $1,306 was up $21 for the month and the highest price for the month of May. Last Friday, dropping . . . .

Asian, Middle-Eastern and European commodity markets picked up the Gold rally from Friday’s U.S. market. Expanding trade wars, lower equity prices and dropping interest . . . .

Dropping interest rates and an expanding trade war has given Gold a good opportunity to break above the key $1,300 per ounce resistance level. Gold reached a high of . . . .

While concerns about an escalated trade war between the U.S. and China are causing negative equity markets worldwide, Gold is finding new interest. Helped by low to negative interest rates in . . . .

Today the U.S. Dollar is at a record high, while interest rates are hitting record lows. The Dollar’s increase isn’t because we have a great economy, but because most of the other . . . .

During May, Gold has been locked into a $1,270 to $1,300 per ounce trading range. The strong U.S. Dollar, with the Index staying between 97 and 98, has . . . .

Gold continues to be stuck in a tight trading range between $1,275 and $1,280 per ounce as the markets are waiting for news on trade talks between the U.S. and China . . . .

The 10-year Treasury rate dropped to below 2.30% briefly this morning. Low interest rates and record high Central Bank Gold buying is providing support for the Gold price. As we go . . . .

No progress on U.S. – China trade talks, and the concerns around problems that will be caused by increased tariffs have driven equity markets lower today. Many traders feel that . . . .

It is getting ridiculous, Gold traded today in a $5 range between a high and low price of $1,273 to $1,278. Gold currently has no direction and is definitely in an accumulation . . . .