Barry Stuppler

GOLD A weak U.S. Dollar combined with fresh demand has driven the Gold price higher on the Asian markets this morning. Gold reached a high of $1,197.60 per ounce this morning, then light selling came in before Gold reached the important $1,200 resistance level. At 11am PDT today, Gold is trading at $1,194 per ounce, up $10 on better than...

Links to recent informative articles on precious metals and rare coins: Is Russia Moving to a Gold-Backed Currency? Key Components of Global Silver Demand Rose in 2014   This Week’s Headlines: Gold Silver Recommended Investment Commitment and Diversification   GOLD Last Friday Gold closed at $1,188.90 per ounce, up $14.40 for the week. The Gold closing price stayed in a...

GOLD This morning Gold tested the $1,180 per ounce support level, reaching $1,178.80, then quickly rallied back above it. The Gold price continues to stay in a narrow trading range. At 11am PDT today, Gold is trading at $1,184 per ounce, down $5 on average volume. SILVER Silver, like Gold, is range bound, trading between $16.20 and $16.60 per ounce...

Key components of global silver demand rose in 2014, with global silver jewelry demand posting a new record last year and silverware offtake rising to its highest level since 2006 . . . .

GOLD April’s job increase of 223,000 (bringing the U.S. Unemployment rate to 5.4%) was in line with expectations. Gold quickly rallied $10 on the news and at one point reached $1,195 per ounce on normal light Friday trading. At 11am PDT today, Gold is trading at $1,189 per ounce, up $5 per ounce on light volume. SILVER Silver has been...

GOLD Gold tested the $1,180 level today, dropping to $1,179 at one point as the US Dollar strengthened against the Euro. At that point the bulls came in and Gold has shown good support at the $1,180 level. After seeing this response compared to the last few weeks, I am hoping to see Gold rally back above this important support...

GOLD Gold is trading within a narrow $10 high/low range today, between $1,198 and $1,188 per ounce. Many of the professional commodity traders are looking for news that will give this market some direction. At 11am PDT today, Gold is trading at $1,192, down $2 per ounce, on normal trading volume. SILVER Silver is showing excellent support above the $16.40...

GOLD This morning the US trade deficit for March 2015 was reported. This deficit exploded to $51.4 billion, a six-year high. This was much more than the $41.7 billion economists had expected. The deficit rose by 43.1%, the largest increase in 18 years. This negatively affects the 2015 GDP, and caused Gold to test the $1,200 per ounce level in...