Barry Stuppler

The U.S. Government shutdown is not having any affect on precious metal markets. Gold is trading in a narrow $8 high/low range . . . .

Gold is working its way higher within its $1,320 to $1,350 trading range. Asian, Middle Eastern and European commodity markets are clearly the leader in the current Gold rally . . . .

Some analysts worry that higher US interest rates are bearish for gold. Because gold has no yield, the higher rates climb, the greater the relative appeal of other assets. But the evidence doesn’t bear this out, says Russ Mould of investment platform AJ Bell in The Daily Telegraph . . . .

After the recent $80 rally, Gold is consolidating in a tight trading range between $1,320 and $1,350 per ounce . . . .

Silver Prices to Surge . . . .

Today, Gold had a $13 high/low range, from $1,331 to $1,344 per ounce . . . .

Chinese business news and analysis portal BWChinese has outlined how, in addition to the petro-yuan, China and its Russian partners can go about creating a real global alternative to the US dollar . . . .

Sterling and yen also make gains against dollar as US markets close for holiday . . . .

2018 has started with a bang for precious metal investors. Looking back through 2012, January has been an excellent month for the Gold price . . . .

After trading at over $1,340 per ounce in Asian and European markets during the holiday weekend, Gold sold off in U.S. markets . . . .