Barry Stuppler

GOLD A Fed Governor giving a strong indication that the Federal Reserve would raise interest rates this month, combined with President Trump’s positive speech last night, caused Gold/Silver to decline. Gold hit a low of $1,237 last night before bargain buyers became aggressive, driving the price back up to $1,250 per ounce. At 11am PST today, Gold is trading at...

GOLD In late trading yesterday, we saw some short-term profit taking for Gold which caused it to test the $1,250 support level. The Gold price quickly recovered in Asian and European trading this morning. At 11am PST today, Gold is trading at $1,252 per ounce, down $8 on good volume. SILVER Silver sold off with Gold yesterday, reaching a low...

GOLD The Gold rally continues this morning in Asian and European markets, with Gold reaching a high of $1,264 per ounce. Both physical demand and future’s trading volume has picked up in the past week during the current rally. At 11am PST today, Gold is trading at $1,260 per ounce, up $3 on excellent volume. SILVER Today we saw Silver’s...

GOLD Gold has had a great week, hitting 3-Month highs in the face of a lot of negative news: The Federal Reserve calling for 3 interest rate increases this year U.S. Equity markets continuing to set new record highs The U.S. Dollar moving higher versus the Euro New record 2017 highs for  Gold being held in  ETF (paper Gold) depositories...

GOLD Gold broke above the key $1,250 per ounce resistance level today for the first time this year, reaching a high of $1,251.20 this morning before seeing some light short-term profit taking. At 11am PST today, Gold is trading at $1,248, up $13 per ounce on excellent volume. SILVER Silver rallied with Gold, reaching a high of $18.25 in early...

GOLD Gold continues to consolidate its recent gain today, trading between $1,230 and $1,240 per ounce. I would like to see Gold move above the $1,240 level by month end to confirm the bullish trend. At 11am PST today, Gold is trading at $1,235 per ounce, down $2 on average volume. SILVER Silver has shown excellent support every time it...

GOLD Gold has traded in a narrow range during the long holiday weekend, staying in the $1,230 to $1,240 price area. We are seeing excellent price consolidation as Gold builds a base for the next move higher. At 11am PST today, Gold is trading at $1,237 per ounce, down $2 on active volume. SILVER Silver has traded above and below...