Barry Stuppler

Gold briefly broke above the $1,200 resistance level this morning, reaching $1,202 per ounce . . .

Demand for Gold is picking up and so is the trading volume and price . . . .

Gold moved higher late Friday in U.S. after-market transactions and traded between $1,182 and $1,190 per ounce this morning in Asian and European trading . . . .

Last week Gold briefly traded at a low of $1,160 per ounce, a low not seen since December of 2016 . . . .

Being subjected to pressure from Washington, Iran has once again turned to the yellow metal as an alternative means of payment . . . .

Today Gold has traded between $1,170 and $1,180 per ounce, as it stabilizes from a week of high volatility . . . .

Imports of gold to India surged for the first time in seven months after jewelers refilled stocks, taking advantage of sliding gold prices and rising demand with an upcoming jewelry exhibition . . . .

As the U.S. Dollar Index stayed above the 96.50 level and started moving to 97, the price of Gold dropped to $1,160 per ounce, a 20-month low . . . .

Wow, this definitely was the final clean out of Gold commodity investors . . . .

Gold has traded below $1,200 all day, with a low of $1,192 and heavy trading volume . . . .