Barry Stuppler

GOLD Gold rallied to $1,309 this morning on news that seven Ukrainian soldiers were killed in an ambush by Pro-Russian separatists in eastern Ukraine. This news, plus release of the April Producer Price Indicator, showed weakness in the U.S. economy. Both news items are bullish for the Gold price. At 11am PDT today, Gold is trading at $1,305 per ounce...

GOLD Gold traded in a very tight $9 price high/low range today ($1,298 to $1,289 per ounce). The precious metal markets are waiting for some announcement or news that can give it a short term direction. At 11am PDT today, Gold is trading at $1,293, down $3 per ounce on average volume.   SILVER Silver showed good demand at the...

This Week’s Headlines: Gold Chinese Consumer Inflation at 18 Month Low Silver Silver Institute April 2014 Report Recommended Investment Commitment and Diversification GOLD Gold rallied back above the key $1,300 per ounce support level on May 2nd and stayed above for the next two trading days, until Wednesday May 7th. On that day Russian President Putin stated he would move...

GOLD Gold traded at a low of $1,281 per ounce in the early Asian morning trading. The sell-off was likely caused by comments the Chinese premier made over the weekend in which he said China needs to react to the slowing pace of economic growth. After reaching $1,281 per ounce, Gold quickly rallied on fresh buying to $1,304 per ounce...

GOLD Gold is trading on light volume in a thin $9 per ounce high/low ($1,294/$1,285) range today. Russian President Putin’s plan to allow more Chinese investments in Russia, avoiding the U.S. and ECU sanctions, didn’t have any effect on the precious metal prices. At 11am PDT, today Gold is trading at $1,287 per ounce, unchanged from yesterday.   SILVER Silver...

GOLD Today, Gold has traded in a very narrow $10 high/low price range, from $1,295 to $1,285 per ounce. The precious metal markets are focused on what is happening in Ukraine and any aggressive news causes the prices to quickly rally, while news of a possible settlement drives the price down. Reports of falling demand for Gold investment products in...

GOLD Gold prices fell below $1,300 per ounce today after Russian President Vladimir Putin said he was ready to discuss a way out of the Ukraine crisis with the head of the Organization for Security and Cooperation in Europe. Plus, President Putin has stated he would move his troops back from the eastern Ukraine border. In Ukraine, both sides have...

GOLD Gold traded today within a $10 high/low range ($1,314 to $1,304 per ounce) on average volume waiting for a firm direction. The fact that Gold has been able to stay above the key $1,300 level for the past three trading days is bullish, but trading volume needs to increase. At 11am PDT today, Gold is trading at $1,308, down...

GOLD A combination of a weaker U.S. Dollar and an escalation of Ukrainian military action caused Gold to trade higher today.Today Gold hit a high of $1,316 before seeing profit taking and fresh short sales, which drove the market lower. At 11am PDT today, Gold is up $7 per ounce, trading at $1,309 on average volume.   SILVER Silver traded...