Barry Stuppler

Gold saw selling in the Far East this morning, driving the price down to . . . .

The Labor department announced that the unemployment rate reached 3.7% in September, a 50 year low . . . .

"People vastly underestimated the power of QE. And they are in danger of doing the same with QT." . . . .

January-to-September saw 264 tonnes added to official-sector gold holdings says a note from Australia-based financial group Macquarie, "by far the most at this stage of the year of any period in the last six years." . . . .

Based on a strong economy and the Federal Reserve planning to raise interest rates in December, the 10-Year Treasury reached 3.19%, the highest since 2011 . . . .

The past few trading days have seen the gold price hovering above and below the $1,200 mark in the light of a stronger dollar and a lack of Chinese data due to the nation’s Golden Week holiday this week . . . .

India’s gold imports may rise in the fourth quarter as investors seek alternatives to faltering equity markets and a plunging rupee . . . .

A higher U.S. Dollar Index is causing Gold to trade above and below the important $1,200 per ounce resistance/support level this morning . . . .

Gold prices surged more than 1% higher on Tuesday, climbing back above the psychologically important $1,200 level amid increased safe haven demand as concerns over Italy’s fiscal issues hit financial markets . . . .

Italy’s budget turmoil is giving gold and silver an added haven-demand boost at a time when fund managers are rebalancing their asset mix . . . .