Barry Stuppler
-
Daily Market Report 12/28/15
GOLD This morning Gold reached a high of $1,077 per ounce before seeing selling that drove the price back to $1,066 based on a stronger U.S. Dollar and a weaker oil price. Year-end tax loss selling still has me concerned, but I believe the $1,045 level (the 2015 low) will hold. At 11am PST today, Gold is trading at $1,067...(Read More) -
Daily Market Report 12/24/15
GOLD The high/low trading range for Gold continues to tighten this morning on light holiday volume. Today’s high was $1,077.20 and the low was just $6 less as the Gold price consolidates. I am still a little concerned about possible year-end tax selling, but if we can get to the end of the year in this range, I would be...(Read More) -
Russia Gold “Buying Spree” Continues – Buy 22 Tons In November
(Read More)The latest large increase in Russia’s gold reserves – a “buying spree” as reported on Reuters Africa has again gone largely unnoticed by most analysts. Indeed, the important monetary and geopolitical ramifications continue to be largely ignored in western media . . . .
-
Daily Market Report 12/23/15
GOLD Gold continuing to consolidate in a tight high/low trading range is very healthy for the Gold market. The trading range for the Gold market today was between $1,068 to $1,076 per ounce. The trading volume is light, but being a holiday week, that isn’t surprising. At 11am PDT today, Gold is down $4, trading at $1,069 per ounce on...(Read More) -
Daily Market Report 12/22/15
GOLD Gold is consolidating in a narrow $9 high/low range, from $1,072 to $1,081 per ounce. There is short term support at $1,065 and resistance at $1,085. This is bullish after reaching the 2015 lows last week. At 11am PDT today, Gold is trading at $1,073 per ounce, down $7 on average volume. SILVER Silver is showing excellent demand...(Read More) -
Weekly Market Report 12/21/15
Links to recent informative articles on precious metals and rare coins: Rising Inflation Could Be Game Changer For Gold In 2016 - Capital Economics This Week’s Headlines: Gold Backwardation and Contango 2016 Eagles/Buffalo Pre-Order now available with Lowest Premium Guarantee Tax Benefits for your Gold & Silver holdings Platinum Silver Recommended investment commitment and diversification GOLD The U.S...(Read More) -
Daily Market Report 12/21/15
GOLD This morning Gold continues to move higher from last Thursday’s lows. Gold appears to have bottomed out last Thursday, the first trading day after the Fed raised interest rates. Demand and trading volume is growing as Gold hit a high today of $1,082 per ounce. At 11am PDT today, Gold is up $13, trading at $1,080 per ounce on...(Read More) -
Rising Inflation Could Be Game Changer For Gold In 2016 - Capital Economics
(Read More)Inflation could be the game changer gold needs for 2016, something that the market hasn’t seen in a while, according to one U.K.-based research firm . . . .
-
Daily Market Report 12/18/15
GOLD Gold rallied this morning as the U.S. Dollar weakened in overnight trading. I suspect that Gold rebounded as traders covered their positions going into the weekend. It’s a positive sign to see Gold correct, but I’d like to see it test the $1,080 level hopefully in the not to distant future, as that has been the short-term resistance this...(Read More) -
Daily Market Report 12/17/15
GOLD After Janet Yellen and the Fed’s news yesterday, the price of Gold held well. It wasn’t until the New York market opened today that we saw some sellers come into the market. At that point traders came in and we started seeing support at the $1,050 level, clearing out the weak hands. I am looking into what may be...(Read More)
Search
Categories
Recent Posts
-
Russia Sold 22 Tons Of Gold To Finance Its Budget Deficit ByApril 22 2026
-
Gold & Silver Rally on Extension of Iranian Ceasefire ByApril 22 2026
-
Gold & Silver Fall With No Positive News on Iran War ByApril 21 2026
-
Gold & Silver Fall on U.S. Naval Ship Firing at Iranian Vessel ByApril 20 2026
-
Gold & Silver Fall on U.S. Naval Ship Firing at Iranian Vessel ByApril 20 2026