Barry Stuppler

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 . . . .

Since 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. In fact, the World Gold Council (WGC) has shown that demand for gold . . . .

Gold is a proven investment asset, capable of reducing portfolio risk and boosting returns. As such, Chinese investors could benefit from allocating some of their portfolio assets to gold . . . .

Today, Gold traded between $1,230 and $1,239 per ounce, closing at the lower end of the trading range . . . .