Barry Stuppler

Gold closed last Friday at $1,231 per ounce, down $1.50 for the week . . . .

Expectations of a weak dollar and support from gold will help silver prices recover, say experts . . . .

Central bank buyers acquired approximately $5.8 billion worth of gold in the third quarter of the fiscal 2018, marking the highest level of net purchases since 2015, the World Gold Council said in a release issued on Thursday . . . .

In late trading, major buying hit the Gold market, driving the price up to $1,236 per ounce . . . .

Today, we saw the perfect storm of bearish precious metal news . . . .

Palladium’s surge to a record has intensified talk among analysts that carmakers will look to replace it with cheaper platinum for use in pollution-control devices . . . .

Ironically, there is more volatility in the world’s equity markets than in the precious metal markets . . . .

Right now, with the U.S. Dollar’s strength (96.40 U.S. Dollar Index), Gold is trying to stay above $1,230 per ounce level . . . .

Last Friday, Gold hit a high of $1,243 per ounce on the best CME trading volume of the week . . . .

Gold reached a high of $1,243.50 per ounce before seeing short-term profit taking . . . .