Barry Stuppler
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Daily Market Report 3/24/16
GOLD Gold has traded in a narrow price range on low volume, which is typical ahead of a holiday weekend. Gold reached a low of $1,212.70 in early Asian trading before finding bargain buyers. At 11am PDT today, Gold is trading at $1,222 per ounce, down $2 on light volume. SILVER The Silver price is mirroring Gold today, also...(Read More) -
Daily Market Report 3/23/16
GOLD Today the Gold price fell $30 to its lowest price in weeks, as the dollar strengthened following hawkish comments by Federal Reserve Bank of Philadelphia President Patrick Harker. Harker said the Fed needs to get on with rate hikes and should consider a move in April. This now brings the total to four regional Fed Presidents who have rebuffed...(Read More) -
Why poor man’s gold may be about to get more investor love
(Read More)World mine production of silver poised to decline this year.
Silver hasn’t been so cheap relative to gold for more than seven years and with mine supplies forecast to contract this year that may be a sign it’s ready to come out of the yellow metal’s shadow...
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Daily Market Report 3/22/16
GOLD Gold quickly rallied $14 per ounce, reaching a high of $1,259, today as investors sought the protection of safe haven assets. This rally occurred shortly after the deadly bomb attacks which hit the airport and metro train station in Brussels this morning. The Gold price could not sustain the move above the key $1,250 per ounce resistance/support level, which...(Read More) -
Weekly Market Report 3/21/16
(Read More)2016 Proof Gold Eagles issued by U.S. Mint . . . .
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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...
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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...
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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)
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