Barry Stuppler
-
Weekly Market Report 2/23/15
Links to recent informative articles on precious metals and rare coins: Greeks are Running Towards Gold as Retail Demand Increases 123% This Week’s Headlines: Gold Silver Recommended Investment Commitment and Diversification GOLD Last week there were only four trading days due to the President’s Day holiday. Gold closed between $1,200.20 and $1,208.60 per ounce all those four days...(Read More) -
Daily Market Report 2/23/15
GOLD This morning Gold tested the $1,200 per ounce support level again, dropping to $1,191 per ounce before sizeable buying appeared driving the price back up to $1,210. At 11am PST today, Gold is trading at $1,202 per ounce, down $2 on excellent volume. SILVER Silver reached a low of $16.08 per ounce earlier this morning before rallying back. At...(Read More) -
China gold demand up 17% YTD
(Read More)SGE gold withdrawals have hit 374 tonnes in the first six weeks of the year – a record level in the run up to the Chinese New Year holiday . . . .
-
Daily Market Report 2/20/15
GOLD Gold is testing the $1,200 per ounce support level again, reaching a low of $1,199.80 in early trading. The U.S. Dollar’s strength combined with weekend selling has put pressure on the price today. Many traders are waiting for some fresh news from the European Central Bank meeting. At 11am PST today, Gold is trading at $1,205 per ounce, down...(Read More) -
Daily Market Report 2/19/15
GOLD According to a record of the Jan. 27-28 Federal Open Market Committee meeting released yesterday at 2pm EST, many Fed Officials were inclined to keep zero rates longer. After that news, Gold quickly rallied $7 off the $1,200 lows and this morning’s Asian trading reached a high of $1,223 per ounce. Yesterday the U.S. producer prices index was released...(Read More) -
Daily Market Report 2/18/15
GOLD The moment of truth has hit the world’s Gold trading markets. This morning Gold has traded above and below the key long term $1,200 per ounce support level. Gold needs to hold above that very important support level to stay bullish. At 11am PST today, Gold is trading at $1,201, down $7 per ounce in active trading. SILVER In...(Read More) -
Weekly Market Report 2/17/15
Links to recent informative articles on precious metals and rare coins: World Gold Councils 2014 Gold Demand Annual Report 25% of physical Gold buyers are crazy, metals executive says This Week’s Headlines: Gold Why did 166 metric tons of Gold leave NY Fed Reserve Bank in 2014? Silver Recommended Investment Commitment and Diversification GOLD Last week Gold hit...(Read More) -
Greeks are Running Towards Gold as Retail Demand Increases 123%
(Read More)No solution has been reached yet for the Greek debt crisis and this grid-lock could continue for the next few weeks as it’s usually just in the final few hours before a deadline a solution is reached. A nice strategic chess game is currently going on and some sort of agreement will eventually be reached ...
-
Daily Market Report 2/17/15
GOLD During the long holiday weekend Gold traded in a very narrow range from $1,228 to $1,237. Trading volume in China is increasing as we approach the Chinese New Year (Year of the Goat). The Chinese New Year - celebrated this year on February 19th - marks the peak period for Chinese households to buy Gold. This morning the Gold...(Read More) -
Daily Market Report 2/13/15
GOLD Gold bottomed out in Asia this morning as a fresh wave of buyers appeared after the open. After hitting a monthly low of $1,216 on Wednesday, we saw excellent consolidation and the buyers came in today. Like I have said many times, the Chinese love cheap Gold and they are major physical buyers. At 11am PST today, Gold is...(Read More)
Search
Categories
Recent Posts
-
US Weekly Jobless Claims Unexpectedly Fall ByApril 26 2024
-
Chinese Retail Investors Drive Gold Surge On Shanghai Exchange ByApril 26 2024
-
Both Gold And Silver Hold Current Price Levels On Negative PCE News ByApril 26 2024
-
Gold And Silver Trading Above Key Support Levels ByApril 25 2024
-
