Barry Stuppler

  1. 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...
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  2. 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...
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  3. 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...
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  4. Weekly Market Report 10/17/16

    October 2016 CoinStats is now available . . . .

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  5. 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...
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  6. China gold demand to stay firm at 900-1,000 tones in 2017

    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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  7. 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...
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  8. Has the gold price digested another US rates rise?

    Metal remains firm overnight despite Federal Reserve minutes pointing to December increase . . . .

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  9. Daily Market Report 10/13/16

    GOLD With today’s report of weak economic growth in China and a strong U.S. Dollar, Gold has held above the key $1,250 level. Clearly, Gold is showing excellent support at this level in the face of negative news. At 11am PDT today, Gold is up $5, trading at $1,258 per ounce on excellent volume. SILVER Silver continues to stabilize while...
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  10. Daily Market Report 10/12/16

    GOLD Gold continues to build a base in the $1,250 to $1,260 price range on good volume. I would expect to see a breakout of this range (hopefully higher) by Friday. Physical demand for popular Gold investment products is very strong in Asian, Middle Eastern, and European markets. At 11am PDT today, Gold is down $3, trading at $1,253 per...
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