Barry Stuppler

GOLD Gold is trying to stabilize in the $1,280 to $1,300 per ounce level. Considering the trading volumes haven’t been that high the market is trying to consolidate in this trading range. A breakdown below $1,277 could cause technical selling down to $1,260, while a strong move above $1,300 could drive the price back to the $1,320 area. At 11am...

GOLD It appears that the recent decline in Gold has bottomed out around $1,277 per ounce. However, the key number is still $1,300 before traders will become bullish again. At 11am today, Gold is trading at $1,290.40, up $9.40 per ounce on excellent volume.   SILVER Silver has moved above the key $20 per ounce resistance level on excellent volume...

GOLD Gold is trading in a very tight $10 range, from $1,278 to $1,288 on average volume. I need to see Gold rally back above the $1,300 resistance level by week end to regain its bullish sentiment. At 11am PDT today, Gold is trading at $1,281 per ounce, down $5 from yesterday.   SILVER Silver continues to trade in the...

GOLD Gold held in the $1,292 to $1,297 area during early morning Asian trading. When U.S. commodity markets opened, Gold sold off to $1,282 on good volume. Today is the last day of the quarter and Gold has a history of selling off during this timeframe (read today’s Weekly Market Report for more details). At 11am today, Gold is down...

This Week’s Headlines: Gold 2013 Worldwide Central Bank Gold Demand Numismatic Update Silver Recommended Investment Commitment and Diversification GOLD Last week’s Gold trading was very disappointing. The price broke down below the key $1,300 per ounce support level, closing on Friday at $1,295 per ounce, down $42 for the week. I spotted an interesting trend; this is the 4th quarter...

GOLD Gold has dropped about $90 per ounce from a six-month high in the last nine trading sessions on declining geopolitical tensions, strong U.S. economic data, and comments by Federal Reserve chairman Janet Yellen that interest rates could rise in the first half of 2015. After hitting $1,285 this morning, Gold rallied and for the most part has traded in...

GOLD Gold hit a six-week low today, breaking below $1,300 an ounce for the first time since mid-February, as speculation that U.S. rates would rise sooner than expected. Easing tensions over Ukraine pushed prices through key chart levels. The trading volume in the U.S. Gold commodity market hit the highest quantity of 100oz Gold contracts this month. At 11am PDT...

GOLD Gold is at a crucial point right now, trying to stabilize above the key $1,300 per ounce support level after the recent decline from the $1,380 area. With Gold trading above $1,300, volume has picked up since the $80 decline in price, as investors and traders re-establish new long positions. At 11am PDT today, Gold is trading at $1,304...

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...

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...