Barry Stuppler

This is the seventh day in a row that Gold has traded in the $1,220 to $1,230 per ounce level and closed within that range . . . .

Gold traded between $1,220 and $1229 per ounce again today . . . .

To help fight fake numismatic merchandise in the marketplace, the Professional Numismatists Guild (PNG) has donated . . . .

China’s gold market has been transformed over the past two decades, becoming the largest gold producer and consumer in the world . . . .

Over the last month, gold prices have surged, tacking on over 3% in just the last two weeks . . . .

Today, Gold has traded between $1,220 and $1,229 per ounce . . . .

Will they break-out or break-down again? . . . .

The IMF Global Financial Stability report, released on 10 October, highlighted an increase in the level of risk among multiple global metrics. Following its publication, stocks in the US, Europe and Asia lost 4 %, 3% and 4 % respectively over three days . . .

Unlike gold and precious metals stocks, silver did not break out strongly on Thursday – although it rose, it did not break out at all, nor was volume exceptional, as we can see on its latest 6-month chart below . . . .

In one of the most profound developments in the central bank gold market for a long time, the Hungarian National Bank, Hungary’s central bank, has just announced a 10-fold jump in its monetary gold holdings . . . .