Barry Stuppler

Gold tested the $1,350 per ounce support level, reaching a low of $1,348 in early trading . . . .

Gold remains one of the more "normal" trades this year - following seasonal patterns rather well. It has always been a case that gold tends to strengthen ahead of the Chinese Lunar New Year, and this year seems no different . . . .

This morning, the Gold market was woken up by a sharp increase in the Consumer Price Index (CPI) for January . . . .

Gold is trading in a very nice tight $10 High/Low range, from $1,321 to $1,331 per ounce . . . .

The World Gold Council has recently posted its analysis of the continued relevance of gold. As one might expect from the source, the WGC finds that gold is a strategic asset that can play several valuable roles in a portfolio . . . .

China’s growing throng of affluent consumers is driving a rebound in demand for gold rings, bracelets and necklaces as a property boom and high stock market valuations boost wealth in the largest bullion market . . . .

This morning the world’s equity markets have stabilized and Gold moved higher in Asian, Middle Eastern, and European markets . . . .

Alongside a drop of 2,700 point in the Dow Jones average since the beginning of February (10.3%), Gold has dropped $35 (2.5%) during the same period . . . .

The BANK of ENGLAND announced its latest policy decision in London on Thursday, writes Adrian Ash at BullionVault. In effect it told UK investors and savers to buy gold. Because gold tends to rise when interest rates fail to rise faster than the cost of living . . . .

Goldman Sachs raises their forecast for gold, from a report by analysts Michael Hinds and Jeffrey Currie . . . .