Barry Stuppler

Gold held steady today in Asian and European trading and was flat for the week, consolidating near the $1,270 per ounce level and the 2.5% gain seen in July. It remains close to a seven-week high hit this week, as the dollar remains weak and vulnerable near multi-month lows after five consecutive months of declines . . . .

Considering that the Dow Jones Industrial Average is over 22,000 and U.S. employment rate gained 209,000 new jobs in July, Gold is surprisingly holding above $1,250 per ounce . . . .

Gold bar and investment coin demand is up 11% year-on-year . . . .

Gold is consolidating after its recent rally, trading between $1,260 and $1,270 per ounce for most of today . . . .

Gold prices rose to a seven-week high on Tuesday, after U.S. economic data showed lukewarm inflation and nearly flat consumer spending, raising the question of whether the Federal Reserve will raise interest rates in the coming months . . . .

Gold is trading in a very tight $10 high/low range, from $1,262 to $1,272 per ounce . . . .

The Gold rally continues as the U.S. Dollar Index drops below 93.00, hitting a new 2017 low . . .

Another great week for Gold investors as the price stayed above the key $1,250 per ounce support/resistance level . . . .

As the U.S. Dollar Index continues to fall (93.19), Gold is holding well above the $1,265 price level . . . .

After the Gold rally that started on July 7th, with Gold at $1,212, the price has continued to move higher . . . .