Barry Stuppler
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Daily Market Report 5/31/16
GOLD During Asian trading this morning, Gold reached a low of $1,199 per ounce before attracting fresh buying and short covering. Gold quickly moved back up to the $1,217 per ounce level. At 11am PDT today, Gold is trading at $1,215 per ounce, up $3 on excellent volume. A few positive U.S. economic indicators were released today: U.S. consumer spending...(Read More) -
Daily Market Report 5/27/16
GOLD Since Tuesday (the day Gold broke below its $1,250 support level), Gold has seen a bull/ bear price war on heavy trading volume. I’m sorry to say that, based on today’s trading, it appears that the bears have won this short term battle. I expect to see Gold test the $1,200 per ounce long term support level next week...(Read More) -
American Eagle gold bullion coin calendar 2016 sales continue climb
(Read More)Sales of American Eagle gold bullion coins continue to climb . . . .
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Platinum shortfall increasing according to most recent projections
(Read More)Revised projections for the shortfall in platinum expected in 2016 have more than tripled since March, according to the latest report from the World Platinum Investment Council . . . .
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Daily Market Report 5/26/16
GOLD After reaching a low of $1,217 per ounce yesterday, Gold rallied in overnight trading to $1,234. After the break below the $1,250 per ounce support level, I expected a recovery rally, but was surprised to see that the rally didn’t hold. If Gold can’t hold above the recent low of $1,217 per ounce today or tomorrow, I would expect...(Read More) -
Gartman Says Switzerland Still Focal Point For Gold But Waning
(Read More)Gartman noted that Switzerland is a very important focal point for the gold trade although its importance has waned over the years, and interest has shifted towards Asia . . . .
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Daily Market Report 5/25/16
GOLD After breaking below the $1,250 per ounce support level yesterday, Gold is trying to establish a new short term trading range. Gold did hit a low of $1,217 per ounce in early Asian trading before finding bargain buying. At 11am PDT today, Gold is trading at $1,224, down $6 per ounce on average volume. SILVER Silver is showing better...(Read More) -
Gold in longest slump since November as Fed signals higher rates
(Read More)Gold fell for a fifth day, heading for the longest slump in six months, as more Federal Reserve officials weighed in with comments that supported the case for higher borrowing costs, strengthening the outlook for the dollar and denting the metal’s allure . . . .
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Daily Market Report 5/24/16
GOLD Continued concerns about the possibility of an increase in interest rates next month by the Federal Reserve and weaker physical demand figures from Asia have resulted in a small sell off in Gold. Gold reached a low today of $1,228 per ounce, which is a very attractive price. Remember, $1,200 is our long term support level, and based on...(Read More) -
Weekly Market Report 5/23/16
(Read More)Gold/Silver testing support levels before the next leg higher . . . .
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Russia Sold 22 Tons Of Gold To Finance Its Budget Deficit ByApril 22 2026
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Gold & Silver Rally on Extension of Iranian Ceasefire ByApril 22 2026
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Gold & Silver Fall With No Positive News on Iran War ByApril 21 2026
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Gold & Silver Fall on U.S. Naval Ship Firing at Iranian Vessel ByApril 20 2026
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Gold & Silver Fall on U.S. Naval Ship Firing at Iranian Vessel ByApril 20 2026