Barry Stuppler

For the US dollar, the past seven months have been a tale of two halves . . . .

Today, we saw some selling in the Gold markets . . . .

Yesterday, Gold reached a new 2017 high of $1,298.80 for the popular August CME 100 ounce Gold contract . . . .

Central bankers and investors are grappling with a $100 trillion question: why consumer price inflation remains so low in most parts of the world even as economic growth quickens . . . .

June 6 Gold rose to its highest level in seven weeks on Tuesday as weak economic data in the United States reduced expectations of rapid U.S. interest rate rises this year, pushing the dollar to a seven month-low and lowering U.S. bond yields . . . .

Wow, the Gold price is moving higher at a faster rate than I expected . . . .

China, the world’s biggest gold market, may boost imports through Hong Kong by about half this year as local investors seek to protect their wealth from currency risks, a slowing property market and volatile stocks, according to the Chinese Gold & Silver Exchange Society . . . .

Three major factors helped Gold breakout above the key $1,270 per ounce level last week . . . . 

After moving above $1,270 late last week, Gold has moved above $1,280 per ounce this morning . . . .

Gold quickly moved above the $1,270 per ounce resistance level and kept on going . . . .