Barry Stuppler
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Daily Market Report 8/22/16
GOLD Gold traded down to a low of $1,330 per ounce this morning before finding bargain buying. Physical and contract Gold demand continues to be strong in Asian, Middle Eastern, and European markets. At 11am PDT today, Gold is trading at $1,339.50 per ounce on average volume. SILVER Silver broke down below the $19 per ounce support level this morning...(Read More) -
Daily Market Report 8/19/16
GOLD Gold has been above and below the important $1,350 per ounce level all day. The Gold price continues to consolidate in the recent trading range. At 11am PDT today, Gold is trading at $1,345 per ounce, down $7 on light volume. SILVER Silver reached a low of $19.23 per ounce this morning, before bargain buying appeared. At 11am...(Read More) -
Daily Market Report 8/18/16
GOLD After yesterday’s release of the Federal Reserve minutes, the luster came back into the Gold market. In Asian and European markets Gold found fresh buying, driving the overnight price up to $1,356.40 per ounce. Demand is solid in the physical and future contract exchange markets. At 11am PDT today, Gold is trading at $1,352 per ounce, up $8 on...(Read More) -
UK’s post-Brexit gold surge to near record highs emphasizes safe haven status
(Read More)How the UK’s Brexit vote has changed one’s perception of the safe haven value of gold. It would only take a relatively small dollar gold price increase, or a further drop in the sterling/dollar parity, which many analysts are predicting, to achieve a new record sterling gold price high . . . .
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Daily Market Report 8/17/16
GOLD Another summer day with light commodity exchange volume, and another day of seeing Gold price consolidation. Gold traded today in a $8 high/how range, with a high of $1,348 and a low of $1,340. I believe Gold is building an extraordinary base for its next leg up, past the $1,400 per ounce level. Federal Reserve minutes are due out...(Read More) -
Daily Market Report 8/16/16
GOLD As I have stated numerous times, $1,350 per ounce is the key level for Gold. Gold reached a high today of $1,358 per ounce, before seeing some light profit taking. At 11am PDT today, Gold is up $8.50 per ounce, trading at $1,350.50 on average volume. SILVER I feel like a broken record, Silver again attempted to break...(Read More) -
Gold likely to average $1,475 an ounce during Q4 2016
(Read More)Credit Suisse has reiterated its late-June outlook that gold will rise to $1,475 in the fourth quarter. The view was included in a research note citing highlights from . . . .
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Weekly Market Report 8/15/16
(Read More)Gold and Silver’s consolidation continues ahead of the next move up . . . .
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Lord Rothschild: Why Ive sold hundreds of millions of pounds worth of shares, and bought gold
(Read More)Lord Rothschild, chair of the £3.04 billion Rothschild Investment Trust, has revealed that while he has significantly reduced his exposure to listed shares, he has responded to the prevailing economic uncertainty by buying gold . . . .
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Daily Market Report 8/15/16
GOLD Gold continues to consolidate in a tight $9 per ounce trading range, from $1,335 to $1344 per ounce. After Gold’s 25% increase since the beginning of the year, it is very bullish for the price to be in a consolidation phase during the low volume summer months. At 11am PDT today, Gold is trading at $1,342 per ounce, up...(Read More)
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Gold & Silver Trading Around Support Levels ByJune 2 2026
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Gold’s Weak Hands Dumped, But the Strong Hands Never Left ByJune 2 2026
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Gold & Silver Testing Key Support Levels Again ByJune 1 2026
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Gold & Silver testing Key Support Levels Again ByJune 1 2026