Barry Stuppler

GOLD In Asian overnight trading, Gold couldn’t hold above the key $1,300 per ounce price level. Other than the U.S. and European Union slapping new sanctions on Russia, there were no new developments in the Russia-Ukraine crisis. Gold is holding in a narrow $14 per ounce high/low trading range on average volume. At 11am PDT today, Gold is down $3...

This Week’s Headlines: Gold Silver Recommended Investment Commitment and Diversification GOLD Last week as the Ukrainian crisis heated up, the Gold price moved up quickly. Last Thursday, in early morning Asian trading, the price of Gold was under the bear’s control. They were able to push the Gold price to below the $1,275 per ounce support level, to a low...

GOLD Renewed tensions between Moscow and Western powers over Ukraine have caused Gold to rally this morning, moving above the key $1,300 per ounce resistance level. Today’s rally was very noteworthy considering that Gold hit a 2-1/2 month low of $1,268.24 on Thursday. Depending on what happens over the weekend in Ukraine, Monday could be an exciting down in the...

GOLD Gold sold off in early morning Asian trading, reaching a 3 month low of $1,268 per ounce. Then news of increasing tension in Eastern Ukraine between pro-Russian separatists and Ukraine troops caused the Gold market to quickly turn higher. Today’s trading volume was the highest for the week, as Gold attempts to accomplish an inter-day reversal. Today’s high/low price...

GOLD The news of a weak March U.S. housing market, with the Commerce Department reporting that new homes sales fell 14.5%, helped to support the Gold price today. With Gold trading in the low $1,280’s recently, I am seeing an increase in short covering and bargain buying. At 11am PDT today, Gold is trading at $1,284.50 per ounce, up $2.50...

GOLD Gold extended losses for a fourth straight day as outflows from physical Gold ETF, SPDR Gold Trust, (GLD) reached 792.14 tonnes late Monday, the lowest level since January. Gold wasn’t able to hold the $1,280 support level early this morning, reaching a low of $1,276 per ounce. A 480,000 ounce sell order hit the market this morning, taking the...

GOLD Today, due to the sharp outflows from the world’s biggest bullion-backed exchange-traded fund (ETF) and a stronger dollar Gold, could not rally back above $1,300 per ounce. The Gold stockpile at GLD dropped to 795.14 tonnes, the lowest level since January. After an overnight attempt to rally, Gold has traded down, reaching a low of $1,280 per ounce. At...

This Week’s Headlines: Gold Ukrainian Crisis Heats Up but Gold Doesn’t Move Higher Silver Recommended Investment Commitment and Diversification GOLD Gold had a high/low trading range of $47 per ounce last week ($1,331.40 to $1,284.40). It closed the week’s trading on Thursday at $1,293.90 per ounce (Friday the market was closed for the Good Friday holiday). Gold dropped below the...

GOLD There was a bull/bear war in the Gold trading markets today, between the $1,293 and $1,304 per ounce area. Right now the bears have been able to drive the value below the important $1,300 resistance level. At 11am PDT today, Gold is down $7 per ounce, trading at $1,295.50 per ounce on normal volume.   SILVER Silver traded today...

GOLD In early trading in Asian markets Gold showed excellent support in the important $1,300 per ounce area. Evidences of China slowdown could have been part of the reason that Gold dropped $26 per ounce yesterday. China reported that the March M2 growth has slowed to 12.1%, below the central bank’s target of 13%. Gold could easily move higher if...