Barry Stuppler

GOLD This morning Gold is holding last Friday’s rally, trading between $1,130 and $1,142 per ounce on excellent volume. This is surprisingly good in the face of a stronger U.S. Dollar and Stock Market today. At 11am PDT today, Gold is trading at $1,137 per ounce, up $1 on good volume.   SILVER Silver continues Friday’s rally, moving above the...

GOLD After reaching a two week low of $1,104 in early Asian trading, the Gold price quickly rallied. Fresh buying, combined with a weak U.S. Jobs report for September, drove Gold and Silver prices straight up, and drove the Dow Jones down 250 points. Today’s $22 rally in the Gold price was very impressive, as the CME Gold trading volume was...

GOLD After hitting $1,156 last Thursday, Gold has declined 5 trading days in a row. Today, Gold reached a low of $1,111 per ounce on normal volume, before buyers appeared. Unless Gold breaks back above the $1,120 by Monday, I am looking for a re-testing of the $1,100 per ounce long term support level. At 11am PDT today, Gold is...

GOLD To say I was disappointed with the decline in the Gold price today, breaking below the $1,120 support level, would be an understatement. Hopefully, today’s decline is temporary and it will move back above the $1,120 level by the weekend. However, if the price doesn’t recover quickly, we could see another test of the long term support level of...

GOLD Gold is trading today in a narrow $10 high/low range, from $1,124 to $1,134 per ounce. It would be healthy for Gold to consolidate in the current $1,120 to $1,150 trading range. At 11am PDT today, Gold is trading at $1,127.50 per ounce, down $5.60 per ounce on average volume.   SILVER Silver showed excellent demand this morning in...

Links to recent informative articles on precious metals and rare coins: Gold vs Debt: The Big Picture Russians Buy 1 Million Ounces of Gold Bars in August The Comex Is One Big Lie   This Week’s Headlines: Gold Gold fundamentals are looking good Moment of truth for the price of Gold Silver US 1oz Silver Eagle premium goes ballistic Platinum...

GOLD This morning Gold was unable to move back above the $1,150 in early Asian trading, reaching a high of $1,148 per ounce before selling off. This morning’s technical sell-off took the price of Gold down to $1,128 before sizeable buying appeared. At 11am PDT today, Gold is trading at $1,133 per ounce, down $12 on excellent volume. SILVER Silver...

GOLD Gold broke down below the $1,150 per ounce level in late trading yesterday and reached a low of $1,140.70 this morning. For most of today’s light trading, Gold has been in the $1,143 to $1,147 per ounce range. At 11am PDT today, Gold is trading at $1,145 per ounce, down $8 per ounce on light Friday volume.   SILVER...

GOLD This morning we saw a bullish breakout in the Gold price, based on the following four factors: Increased buying from jewelers and bullion dealers in India, which is being caused by the ongoing Wedding Season demand for physical Gold and Silver. Weak equity markets around the globe. A weak U.S. Dollar versus the Euro. Janet Yellen is speaking tonight...

GOLD Gold reached a low of $1,121 in early Asian trading. At that point, Gold showed excellent support and quickly attracted fresh buyers. As Gold trading rolled into Europe the buying continued, breaking above $1,130 per ounce. When New York opened, Gold rallied to $1,134 per ounce. It is important that Gold consolidate in the current $1,120 to $1,150 trading...