Barry Stuppler

Just when Gold staying in the $1,190 to $1,210 price range was starting to frustrate me, a bullish article was published in a prestigious business newspaper . . . .

A slight sell-off in the U.S. Dollar with renewed concerns about the state of negotiation on trade talks with China has helped the gold price this morning . . . .

This year has been especially lackluster for Gold. Its price has slumped 8%, to about $1,200 an ounce, and is off more than 35% from its high of $1,900 in 2011. Adding insult to injury, Vanguard will soon rechristen the largest Gold-oriented U.S. mutual fund and shift its focus away from the metal . . . .

Early this morning the U.S. Dollar Index rallied and someone sold 10,000 December Comex 100-ounce contracts (valued at $1.2 billion) in New York . . . .

The Russian central bank has just released the latest figures for its August foreign exchange reserves and reveals it has added a further 1 million ounces of gold (31.1 tonnes) to its reserves that month . . . .

Concerns about the possibility of a trade war with China isn’t negatively affecting the financial markets . . . .

In the face of a stronger U.S. Dollar and a spike up in interest rates (U.S. 10-year note hitting 3.05%), Gold rallied today . . . .

A drop-in silver prices this year has attracted investors seeking a bargain, prompting a temporary sellout of the 2018 American Silver Eagle bullion coins at the U.S. Mint this month . . . .

The interest rate on the 10-Year U.S. Treasury just moved above 3%, signaling a strong chance the Federal Reserve will be raising interest rates soon . . . .