Barry Stuppler
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Daily Market Report 9/19/16
GOLD This morning Gold opened higher due to a weaker U.S. Dollar. There are still concerns that the Fed (which is meeting on Tuesday and Wednesday) is expected to give a clear signal of future interest rate increases to come, possibly in December. At 11am PDT today, Gold is trading at $1,314 per ounce, up $6 on excellent volume. SILVER...(Read More) -
Daily Market Report 9/16/16
GOLD Gold continues to decline ahead of next week’s Federal Reserve announcement about interest rates. Gold is likely to test the key $1,300 per ounce major support level early next week. At 11am PDT today, Gold is trading at $1,308 per ounce, down $9.50 on average volume. SILVER Silver continues to follow the price direction of Gold, hitting a low...(Read More) -
Daily Market Report 9/15/16
GOLD Most traders in the world’s Gold trading pits are on hold awaiting next week’s Federal Reserve statement on the direction of short term interest rates. Gold did reach a low of $1,309.70 per ounce in early Asian trading. At 11am PDT today, Gold is trading at $1,317.50 per ounce, down $4.50 on average volume. SILVER Silver continues to trade...(Read More) -
Gold would Perform well under Trump Presidency
(Read More)Gold would do well under a Trump presidency because the metal likes confusion, said market commentator Dennis Gartman . . . .
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Gold Prices Poised for a Break Higher?
(Read More)Gold prices found support yesterday near levels we highlighted on Friday . . . .
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Daily Market Report 9/14/16
GOLD Gold appears to be stabilizing in a tight trading range of $1,316 to $1,326 per ounce. The market is waiting for next week’s Federal Reserve announcement on interest rates. At 11am PDT today, Gold is trading at $1,322 per ounce, up $1 on average volume. SILVER Again, Silver has had far more volatility than Gold in today’s trading. Silver...(Read More) -
Daily Market Report 9/13/16
GOLD Another up/down trading day in precious metals and equities based on Federal Reserve statements about changing interest rates. Gold rallied to $1,332.50 per ounce before the Fed statement and quickly moved down to $1,319.50. Gold found bargain buyers and remains in a tight trading range. At 11am PDT today, Gold is down $4, trading at $1,321 per ounce on...(Read More) -
Gold Still a Good Hedge When Volatility Rises
(Read More)With U.S. stocks still flirting with their all-time highs and volatility scraping along close to a multi-year low, investors are less inclined to worry about hedging risks and downside protection . . . .
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Weekly Market Report 9/12/16
(Read More)Gold/Silver building a firm base ahead of their next move higher
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Daily Market Report 9/12/16
GOLD This morning Gold opened lower while trading in a narrow $10 high/low range, between $1,320 and $1,330 per ounce. Physical demand for Gold investment products is growing in Asian, European, and U.S. markets. At 11am PDT today, Gold is trading at $1,325, down $7 on active volume. SILVER Silver reached a low this morning of $18.71 per ounce...(Read More)
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