Barry Stuppler
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Daily Market Report 10/21/16
GOLD Gold continues to trade in a narrow high/low price range, awaiting news that will give it short term direction. This morning Gold hit a high of $1,268 and a low of $1,261 per ounce, only a $7 range. At 11am PDT today, Gold is trading at $1,267 per ounce, unchanged from Thursday’s close on average volume. SILVER Silver has...(Read More) -
Jewelers see festive demand rising 10-20% this year
(Read More)Jewelers are offering discounts of up to 50% on making charges to attract consumers in the ongoing festive season in the hope that the surge in rural demand will more than make up for the almost 10% higher gold prices this year, high import duties and a closer watch by the tax authorities on sales . . . .
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Daily Market Report 10/20/16
GOLD After this week’s $20 Gold rally, the markets are consolidating in a narrow $10 high/low trading range. I look for Gold to firmly move back above the $1,270 level quickly and continue on to the $1,300 level. At 11am PDT today, Gold is trading at $1,267 per ounce, down $2 on average volume. SILVER Silver is comfortable trading above...(Read More) -
Daily Market Report 10/19/16
GOLD The Gold/Silver rally continues with Gold moving over $1,270 this morning on excellent demand from Asia, the Middle-East and Europe. Gold hit a high of $1,273.50 before seeing some light short term profit taking. At 11am PDT today, Gold is trading at $1,269.50 per ounce, up $7.50 on excellent volume. SILVER Silver continues to show good consolidation in the...(Read More) -
Daily Market Report 10/18/16
GOLD Yes, today Gold has started its rally back to $1,300 by breaking out of its recent trading range. In Asian and European trading, Gold found excellent demand and quickly moved above the $1,260 level, reaching a high of $1,265 per ounce. At 11am PDT today, Gold is trading at $1,262 per ounce, up $5 on excellent volume. SILVER Silver...(Read More) -
Weekly Market Report 10/17/16
(Read More)October 2016 CoinStats is now available . . . .
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Daily Market Report 10/17/16
GOLD Today the high/low price range for Gold is only $7 from $1,257 to $1,250 per ounce. This is the classic definition of building a base and consolidation after a sharp decline. Clearly the Gold price is waiting for some news or economic indicators to give it short term direction. At 11am PDT today, Gold is trading at $1,257 per...(Read More) -
China gold demand to stay firm at 900-1,000 tones in 2017
(Read More)Demand for gold from top consumer China will remain strong at around 900-1,000 tonnes next year, near 2015 levels, although a weaker appetite for jewelry and slowing economy could curb purchases, an official of the World Gold Council said . . . .
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Daily Market Report 10/14/16
GOLD Today reminds me of the movie “Ground Hog Day,” it’s the same price range, volume and base building all over again. Gold is stuck in a narrow trading range from $1,250 to $1,260, awaiting news that will cause it to breakout. At 11am PDT today, Gold is trading at $1,257 per ounce, down $1 on average volume. SILVER Silver...(Read More) -
Has the gold price digested another US rates rise?
(Read More)Metal remains firm overnight despite Federal Reserve minutes pointing to December increase . . . .
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Russia Sold 22 Tons Of Gold To Finance Its Budget Deficit ByApril 22 2026
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Gold & Silver Rally on Extension of Iranian Ceasefire ByApril 22 2026
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Gold & Silver Fall With No Positive News on Iran War ByApril 21 2026
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Gold & Silver Fall on U.S. Naval Ship Firing at Iranian Vessel ByApril 20 2026
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Gold & Silver Fall on U.S. Naval Ship Firing at Iranian Vessel ByApril 20 2026