Barry Stuppler
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Gold/Silver 2017 Rally moving higher –15 Bullish Gold Fundamentals<br />Weekly Market Report 2/13/17
(Read More)Gold continues its 2017 rally, closing Friday at $1,236, up $16 per ounce for the week, and up $85 (7.4%) since the beginning of the year. Gold reached a new 2017 high of $1,246.60 last Wednesday. Interestingly enough . . . .
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Daily Market Report 2/13/17
GOLD A strong U.S. Dollar and equity market caused Gold to sell-off this morning. Gold reached a low of $1,220 per ounce and found bargain buyers. Gold continues to show excellent support and I look for this retracement to be brief. At 11am PST today, Gold is trading at $1,225 per ounce, down $8 on good volume. SILVER Silver briefly...(Read More) -
Daily Market Report 2/10/17
GOLD In early morning Asian trading, the U.S. Dollar rallied and Gold/Silver sold off. Gold reached a low of $1,221 per ounce, at which point it quickly rallied $10 in the face of a strong U.S. Dollar. At 11am PST today, Gold is trading at $1,233 per ounce, down $2 on average volume. SILVER Silver was briefly brought above the...(Read More) -
Daily Market Report 2/9/17
GOLD Today Gold has been trading between $1,230 and $1,244 per ounce, showing excellent support. Gold is also showing good consolidation today, as it builds a higher base for a move to $1,250 this month. At 11am PST today, Gold is trading at $1,235 per ounce, down $4 on good volume. SILVER Silver hit support this morning at $17.60 per...(Read More) -
Daily Market Report 2/8/17
GOLD The Gold rally continues, moving to $1,244 per ounce this morning and heading to the next resistance level of $1,250 very soon. What is interesting about the current rally is that it it happening in the face of a strong U.S. Dollar, which is normally a negative factor. At 11am PST today, Gold is trading at $1,239 per ounce...(Read More) -
Daily Market Report 2/7/17
GOLD After yesterday’s $11 rally, Gold is consolidating this morning in a narrow $8 high/low range. It’s very healthy for Gold to trade in the current range while it builds a base for the first attempt at the $1,250 per ounce resistance level. At 11am PST today, Gold is trading at $1,234 per ounce, up $3 on excellent volume. SILVER...(Read More) -
Gold/Silver 2017 Rally back on track – 15 Bullish Gold Fundamentals<br />Weekly Market Report 2/6/17
(Read More)Gold got back on track last week,reaching a new 2017 high of $1,227 last Thursday, and continues to show excellent price support on high CME trading volume . . . .
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Daily Market Report 2/6/17
GOLD Gold opened higher this morning, reaching a new 2017 high of $1,232.40 per ounce, with active trading. Today, we saw this year’s first test of the $1,230 resistance level, and I believe we will see $1,250 before the end of the month. At 11am PST today, Gold is up $13 per ounce, trading at $1,231 on excellent volume. SILVER...(Read More) -
Daily Market Report 2/3/17
GOLD I continue to be impressed by the price activity in the Gold market. Every time the Gold price has a brief sell-off and reaches support, strong buying appears and the market rallies back. In late trading yesterday, Gold reached a 2017 high of $1,224 per ounce, and is trading in an narrow range today. At 11am PST today, Gold...(Read More) -
Daily Market Report 2/2/17
GOLD Late yesterday the U.S. Federal Reserve gave a report with no clear signal for the direction of interest rates in the near future. This report caused the U.S. Dollar to reach a 12-week low and Gold to rally in Asian, Middle Eastern and European markets, reaching $1,225 per ounce. Gold is now trading at a new 2017 high. At...(Read More)
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