Barry Stuppler

GOLD Gold started to rally in early morning trading, reaching a high of $1,235.90 before hitting major resistance. Tomorrow’s Federal Reserve Open Market Committee statement should provide short term direction for the Gold price. At 11am PDT today, Gold is trading at $1,229, down $0.70 on light volume. SILVER The Silver price was driven down to $17.05 per ounce this...

GOLD Gold has traded all day in a very narrow $5.10 high/low price range, from $1,227.20 to 1,232.30 per ounce. This week Gold and Silver traders are waiting for news from the Federal Reserve Open Market Committee meeting, which ends on Wednesday. Dubai has now firmly established itself as one of the world’s leading Gold retail destinations. In a recent...

Links to recent informative articles on precious metals and rare coins: South Africa Mint releases new Gold coin Russia adds record 1,200,000oz physical Gold to reserves   This Week’s Headlines: Gold Swiss Referendum is bullish for Gold Silver Travel to Baltimore and Washington DC this week October 2014 CoinStats Recommended Investment Commitment and Diversification   GOLD Last week Gold tested...

GOLD Gold has traded today in an amazingly narrow $5.90 High/Low range, with a high of $1,234.60 and a low of $1,228.70 per ounce. The Gold market is apparently looking for short term direction. If it breaks down below the $1,200 level, it could easily hit $1,170 per ounce before finding major demand. On the other hand, if Gold can...

GOLD Gold couldn’t get back above the key $1,250 per ounce level today and technical traders stepped in and shorted the market. The strong Dollar and Stock Market added support to the decline. Gold sold off $20 per ounce before seeing demand increase. At 11am PDT today, Gold is trading at $1,229 per ounce, down $15.50 per ounce on average...

GOLD Gold has traded all day today between $1,241.20 and $1,249.80 per ounce. Gold was unable to break through the key $1,250 per ounce resistance level. This is very disappointing considering it spent most of yesterday trading above $1,250 in U.S. markets. At 11am PDT today, Gold is trading at $1,244.50, down $5.80 on light volume. SILVER Silver got hammered...

GOLD Gold reached a high of $1,255.50 per ounce in early trading today. For most of the trading day Gold has held above the key $1,250 per ounce level.  As I have mentioned many times, $1,250 is an important resistance level and Gold needs to stay above this level to become short term bullish. At 11am PDT today, Gold is...

Links to recent informative articles on precious metals and rare coins: China Gold demand surging again Gold imports soar 450% in India   This Week’s Headlines: Gold Silver Travel to Baltimore and Washington DC next week October 2014 CoinStats Recommended Investment Commitment and Diversification   GOLD Since searching for a low of $1,183.30 on October 6, 2014, Gold has rallied...

GOLD After hitting a low of $1,234.50 in Asian trading this morning, Gold traded in a very narrow range in the European and U.S markets. Gold did reach $1,249 per ounce before seeing selling, which took it down to $1,245. At 11am PDT today, Gold is trading at $1,245 per ounce, up $7 on average volume. SILVER Silver hit a...

GOLD Today, with a strong U.S. Stock market, U.S. Dollar, and the 10-year Bond yield higher, Gold could only go lower from the open. I am getting a little disappointed with the lack of carry through in the Gold price during Wednesday and Thursday trading. I really would like to see Gold break above the very important $1,250 per ounce...