Barry Stuppler

  1. Daily Market Report 03/25/14

    GOLD Today, Gold is trading in a narrow $12 range, from $1,305 to $1,317 per ounce. There was heavy buying when Gold hit support at $1,305. At 11am PDT today, gold is trading at $1,311, Down $1.70 per ounce on excellent volume. On Monday, the Iraqi central bank announced that it bought 36 metric tons of Gold, a value of...
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  2. Weekly Market Report 03/24/14

    This Week’s Headlines: Gold Dennis Gartman turns Bullish on Gold Palladium Soars on Russian-Export Worries Numismatic Update Silver Recommended Investment Commitment and Diversification GOLD Last week was definitely not enjoyable for Gold investors. Gold was down four of the five trading days, and dropped $43 per ounce (3.12%), closing the week at $1,336 per ounce. Gold is still up $14.40...
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  3. Daily Market Report 03/24/14

    GOLD Gold has come down today following the NASDAQ and the Dow’s lead. It’s good that we’re seeing some support around the 200 day moving average and not at the $1,300 level which makes me feel that there’s more support then I originally assumed for Gold to be over $1,300. With the recent run on Gold over the last few...
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  4. Palladium Soars on Russian-Export Worries

    Palladium prices jumped to their highest level in 2½ years on fears that top exporter Russia would retaliate against U.S. sanctions by cutting exports of the precious metal. . .

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  5. Daily Market Report 03/21/14

    GOLD Gold has traded in a tight price range most of the day, between $1,330 and 1,340 per ounce. Many of the traders who shorted Gold when it broke below the $1,350 support level are covering (buying) the sales going into the weekend. At 11am today, Gold is trading at $1,335 per ounce, up $4.50 per ounce on average volume...
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  6. Daily Market Report 03/20/14

    GOLD Yesterday, Gold hit three-week lows after comments from Federal Reserve head Janet Yellen suggesting U.S. interest rates could rise sooner than expected. In early trading this morning, Gold reached a low of $1,320 per ounce, a major support level, before heavy buying appeared. At 11am PDT today, Gold is trading at $1,330.50 per ounce, down $7.50 on active trading...
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  7. Daily Market Report 03/19/14

    GOLD Gold sold off this morning as economic sanctions by the U.S. and European Union on a small group of Russian and Ukraine officials was seen as minimal reaction to Russia’s aggression in Crimea. Gold needs to quickly move back above the key $1,350 per ounce level to regain its bullish trend. The precious metal traders are looking to today’s...
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  8. Daily Market Report 03/18/14

    GOLD This morning Gold sold down in Asian trading, reaching the $1,350 support level. At that important level the volume quickly increased and the price bounced back to over $1,360. At 11am PDT today, Gold is trading at $1,360 per ounce, down $12 per ounce on average volume.   SILVER Silver sold off with Gold today, reaching a low of...
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  9. Weekly Market Report 03/17/14

    This Week’s Headlines: Gold What is driving the Gold price higher? Silver Recommended Investment Commitment and Diversification GOLD Last week was a very profitable week for Gold investors, since Gold moved higher and higher every day of the trading week. By Friday, it was trading at $1,379 per ounce, an increase of $40.80 (3.05%) for the week. On the CME...
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  10. Daily Market Report 03/17/14

    GOLD Gold has traded in a narrow $15 price range from $1,374 to $1,389 per ounce over the weekend. The independence vote in Crimea went as expected and there was little market reaction. This morning in the U.S., Gold tested the $1,370 area and held. At 11am PDT today, Gold is trading at $1,372 per ounce, down $6 per ounce...
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