Barry Stuppler
-
Daily Market Report 8/5/15
GOLD This morning the Wall Street journal reported that Atlanta Federal Reserve President, Dennis Lockhart, said it would take "significant deterioration" in the U.S. economy for him to not support an interest rate increase in September. Many precious metal analysts still believe higher interest rates are negative for Gold and Silver, so both are weaker this morning. However, there is...(Read More) -
Daily Market Report 8/4/15
GOLD Gold tested and held above its recent $1,080 per ounce support level early this morning, reaching a low of $1,081 per ounce. At that price, bargain buyers appeared and drove the price back above $1,090 per ounce. At 11am PDT today, Gold is trading at $1,089 per ounce, down $1.50 per ounce on average volume. SILVER Silver reached a...(Read More) -
Perth Mint & U.S. Mint Cannot Meet Demand as Gold Bullion Demand Surges
(Read More)Depressed prices have led to the usual market response, a surge in physical demand for coins and bars globally. This is confirmed in conversations we have had with our refiner and mint partners in recent days . . . .
-
Weekly Market Report 8/3/15
Links to recent informative articles on precious metals and rare coins: Gold’s Two Stories: Paper Markets Collapse... While The Retail Public Buys At A Record Pace Gold price not being driven by fundamentals This Week’s Headlines: Gold Silver Rare Coin Report U.S. Mint sold out of 2015 Gold High Relief Recommended Investment Commitment and Diversification GOLD After reaching...(Read More) -
Daily Market Report 8/3/15
GOLD Gold is trading in a narrow $9 high/low price range from $1,089 to $1,098 per ounce. I am seeing good demand on the low end of the trading range, while seeing selling when it reaches the $1,100 resistance level. At 11am PDT today, Gold is trading at $1,090.50 per ounce, down $7.50 per ounce on average volume. SILVER Silver...(Read More) -
Gold price not being driven by fundamentals
(Read More)Since around mid-June, gold prices have come under substantial selling pressure. One of the main drivers behind this fall has been the on-going debate about interest rates . . . .
-
Daily Market Report 7/31/15
GOLD Gold hit the $1,080 per ounce support level this morning, then reversed its downtrend after the Dollar fell based on weaker-than-expected U.S. economic data reported from the Department of Labor. Demand for Gold continues to grow with the U.S. Mint reporting sales of 170,000 ounces of Gold Eagles in July; that is a two year high. At 11am PDT...(Read More) -
Daily Market Report 7/30/15
GOLD Today, Gold tested the support line of $1,080 and the resistance level of $1,100 per ounce and held both times. This morning Gold hit a low of $1,082 and a high of $1,099 per ounce. At 11am PDT today, Gold is trading at $1,090 per ounce, down $12 from yesterday’s after-market trading on average volume. SILVER Silver continues to...(Read More) -
Daily Market Report 7/29/15
GOLD Gold and the U.S. Dollar are treading water in a narrow high/low trading range this morning. With no relevant news, the Gold price appears to be consolidating in the current range. I really liked seeing Gold move back above the key $1,100 per ounce resistance level after today’s Federal Reserve statement. At 11:05am today, Gold is trading at $1,102...(Read More) -
Daily Market Report 7/28/15
GOLD Gold traded today in a very tight $8 high/low range, from $1,091 on the lows to $1,099 on the highs. It appears traders are waiting for direction from the upcoming Federal Reserve meeting. Demand for physical Gold products is very strong with the U.S. Mint reporting 157,000 ounces of U.S. Gold Eagles sold in July; that’s double the June...(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