Barry Stuppler

The reality of a real trade war and its effect on the U.S. and world economies has finally hit the precious metal markets . . . .

Gold has stayed in a very tight $6 high/low trading range all day, between $1,253 and $1,259 per ounce . . . .

It appears that Tuesday’s low of $1,237 per ounce for Gold was too tempting for Central banks to ignore . . . .

in Crucial Green Technologies Through 2030

Bank of America Merrill Lynch has reiterated their forecast for gold prices to average the fourth quarter around $1,400 an ounce. At the same time, the bank sees silver prices averaging $17.50 in the final three months of 2018 . . . .

Gold opened in Asian markets this morning at $1,238, hit a low of $1,237, then a major buyer appeared at that price . . . .

Since 1986 when the United States Mint first introduced silver and gold American Eagle bullion coins, they have been top sellers in the United States as well as around the world . . . .

For reasons that have to do mainly with security, a number of America’s allies around the world have for decades agreed to store a portion of their national gold reserves — their sovereign gold — in New York . . . .

June was truly an ugly month for Gold investors. Gold started the month at $1,301 and ended at $1,251 per ounce, a $50 decline . . . .

Gold continues to trade in a declining $15 high/low range today . . . .