Barry Stuppler

Links to recent informative articles on precious metals and rare coins: China Gold demand holding up well – new record ahead?   This Week’s Headlines: Gold Silver Platinum Rare Coin Report Recommended Investment Commitment and Diversification   GOLD Last week Gold broke below the important $1,180 per ounce support level, reaching an inter-week low of $1,162.10 per ounce. Last Friday...

GOLD This morning Gold found excellent demand in the $1,169 per ounce area. Gold has traded today in a narrow $8 high/low price range, from $1,169 to $1,177 per ounce. I would like to see Gold move back above the key $1,180 per ounce level. At 11am PDT today, Gold is trading at $1,174 per ounce, up $5 on excellent...

GOLD The U.S. economy added 280,000 jobs last month, the best month of 2015. This news caused Gold to continue its recent decline, reaching a low of $1,162.70 before finding fresh bargain buyers. If Gold doesn’t find major support in Asia on Monday, it could test the 2015 low of $1,141.60 per ounce. Gold reached that low on March 17th...

GOLD Gold broke below the $1,180 support level in early Asian trading and technical traders shorted the Gold market, driving it down to $1,172 per ounce. At that point bargain buyers appeared and rallied the price back up to $1,178. At 11am PDT today, Gold is trading at $1,176, down $10 per ounce on heavier than average volume. The International...

GOLD This morning Gold started with a brief rally based on a weaker U.S. Dollar versus the Euro. However, a report that inventory holdings declined from a major Gold ETF (SPDR Gold Trust) quickly drove the price lower, reaching $1,180 per ounce. Holdings in SPDR Gold Trust, the world’s largest Gold ETF, fell 4.18 tonnes (to 709.89 tonnes) on Tuesday...

GOLD Gold increased in early trading yesterday, reaching a high of $1,204.50 after an announcement that U.S. consumer spending stalled in April. After the rally, Gold fell back below $1,200 after the Dollar strengthened and reports that U.S. manufacturing activity picked up in May. This morning Gold opened strong in Asia and quickly moved up to $1,196. Selling then appeared...

Links to recent informative articles on precious metals and rare coins: China Inks Deals to Back Yuan with Gold Russia boosting Gold holdings as defense against ’political risks’ Will China go for a Gold standard? The jury is out!   This Week’s Headlines: Gold Concerns about Western Sanctions are driving Russia to buy Gold Silver Recommended Investment Commitment and Diversification...

GOLD This morning Gold briefly broke above the important $1,200 per ounce resistance level on heavy Asian buying. After reaching a high of $1,204.50, short term profit taking hit the market, driving the price down to $1,185 per ounce. At 11am PDT today, Gold is trading at $1,189 per ounce, down $1 on excellent volume. SILVER Silver rallied with Gold...

GOLD WOW, only a $7 high/low trading range today! Gold traded between $1,186 and $1,193 all day on normal Friday light volume. Gold appears to be consolidating in this trading range. The U.S. Dollar hit a 13-year high versus the Japanese Yen, and continues to remain strong versus the Euro. At 11am PDT today, Gold is trading at $1,190 per...