Barry Stuppler
-
Daily Market Report 3/21/16
GOLD Gold has traded between $1,241 and $1,256 per ounce today. The World Gold Council continues to report that physical demand from private investors, traders, mutual funds and central banks remain strong. At 11am PDT today, Gold is trading at $1,244 per ounce, down $12 on light volume. SILVER This morning Silver has ignored the lower Gold price and...(Read More) -
Daily Market Report 3/18/16
GOLD Gold moved to $1,267 per ounce in early Asian trading. When the Gold market opened in Europe and the U.S. we saw normal weekend selling and the market moved down to the $1,250 per ounce support level. At 11am PDT today, Gold is trading at $1,256 per ounce, down $7 on average weekend volume. SILVER This morning Silver...(Read More) -
Yellen restores faith in gold
(Read More)At a stroke, Janet Yellen revived gold investors’ faith in the metal and the miners who produce it...
-
Japans Biggest Gold Retailer Says Negative Rates Boost Demand
(Read More)Japan’s negative interest rates are boosting demand for gold, according to the nation’s biggest bullion retailer...
-
Daily Market Report 3/17/16
GOLD After yesterday’s Federal Reserve announcement that it has cut the number of interest rate rises it forecasts for this year, sending the dollar sharply lower and Gold reached $1,260 per ounce. The Fed also lowered its projections for U.S. economic growth, which added more incentive for buying Gold and Silver. Today, Gold continues its rally, moving to a high...(Read More) -
Daily Market Report 3/16/16
GOLD Gold traded on light volume in a very narrow $9 high/low price range today ($1,227 to $1,236 per ounce) as traders waited for the statement from the U.S. Federal Reserve meeting. I didn’t expect to see any policy change from the Fed, but it’s the tone, content, and wording that analysts and traders look for. After the Fed statement...(Read More) -
Daily Market Report 3/15/16
GOLD Gold reached a two week low this morning of $1,226 per ounce before finding heavy buying. Many traders are going neutral on Gold ahead of this week’s Federal Reserve meeting. The concern is that the Fed may give an indication that they could raise U.S. interest rates in June. If there isn’t any Fed statement suggesting an interest rate...(Read More) -
Weekly Market Report 3/14/16
(Read More)Gold price is consolidating prior to its next leg higher . . . .
-
Daily Market Report 3/14/16
GOLD This morning, as stock markets and the U.S. Dollar gained, the price of Gold mostly traded between $1,240 and $1,250 per ounce. Precious metal traders are looking ahead to the closely watched policy statements from the U.S. and Japanese central banks later this week. At 11am PDT today, Gold is trading at $1,241 per ounce, down $9.50 on excellent...(Read More) -
Goldman could be caught short on gold
(Read More)The most recent call by Goldman Sachs to once again sell gold short has not, so far been a good move by the investment bank...





