Barry Stuppler

Last week was a very good opportunity for Gold buyers to come in, with Gold dropping $25 per ounce based on four major factors . . . .

Early this morning, initial buying in China took the Gold price to a high of $1,341 per ounce . . . .

A stronger U.S. Dollar and U.S. interest rates moving higher are keeping Gold at current levels . . . .

Russian Central Bank Gold Reserves Rise to 1,857 Tons in January . . . .

Rarer than gold, platinum and palladium are racing each other for price dominance . . . .

I attribute much of this week’s decline in the Gold price to the Chinese New Year celebration as most Chinese businesses are closed the entire week . . . .

Gold has been fairly quiet this morning in part from the anticipation of the latest Fed news . . . .

If you’ve been waiting for the U.S. unemployment-inflation relationship to reassert itself, 2018 may be the year for you . . . .

Arguably Chinese gold demand, which remains high according to almost all accounts, tends to be a stabilising influence on the gold price with the twice-daily Shanghai fixes having their own impact is steadying price rises and falls . . . .

Gold ended its short-term bearish decline last week, rallying $40 per ounce for the week. Gold closed last Friday at $1,353.20 per ounce, above the key $1,350 support level . . . .