Barry Stuppler

With the U.S. Dollar index moving back over 90 and the equity markets strong, Gold has been on the defensive since the opening of the commodities markets . . . .

During Asian trading this morning, the Chinese government announced they were imposing 106 new U.S. product tariffs . . . .

Gold demand saw a revival in the financial year 2017-18, over the preceding fiscal, 2016-17, according to analysts. In fact, the import of the yellow metal stood at 74 metric tonnes (MT) in FY2017-18, increasing from 62 MT in FY2016-17, an increase of 19% year-on-year . . . .

After a sharp selloff in the U.S. equity markets and an excellent increase in the precious metals price yesterday, we are seeing a small correction . . . .

The concept of denuclearization of the Korean peninsula was the primary topic of the financial markets last week . . . .

This morning in Asian Gold markets, there was excellent demand . . . .

Since it’s Good Friday and the start of Passover, the U.S. Markets are closed today . . . .

The country is shrinking its tax base just as interest expenses surge and social programs get harder to cut . . . .

Gold is trading in a very tight $7 high/low range today, between $1,328 and $1,321 . . . .

The 4th quarter of 2017 GDP was revised today and in it increased to 2.9%. This caused the Gold price and stock markets to start moving lower . . . .