Barry Stuppler
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Daily Market Report 01/04/12
GOLD Gold rose by nearly 2 percent on Tuesday, fueled by a recovery in the euro against the dollar. Adding to the demand for gold are mounting tensions between Iran and the United States over a possible disruption to oil supply, which boosted crude oil futures, and reports that Iran produced its first nuclear fuel rod. European and U.S. precious...(Read More) -
Daily Market Report 01/03/12
GOLD It’s 2012, and the precious metal professionals, commission houses and floor traders are back and they know a bargain when they see it. Gold, Silver, Platinum and Palladium are all higher on excellent volume. Gold is up $35.84 per ounce from last Friday, and at 11am PDT, trading at $1,602.34 on heavy volume. Gold imports to India, the world’s...(Read More) -
Weekly Market Report 01/03/12
GOLD It’s 2012, and the precious metal professionals, commission houses, and floor traders are back, and they know a bargain when they see it. Gold, Silver, Platinum and Palladium are all higher on excellent volume. The week between Christmas and New Years is traditionally a light volume week for commodities, equities, energy, and foreign exchange trading. Many of the floor...(Read More)
Weekly Market Report 12/27/11
GOLD After trading as low as $1562 per ounce the week ending Dec. 16th, gold rallied last week, staying above the $1,600 psychological support level most of the week. Gold closed at $1,606.50 per ounce on Friday, Dec. 23rd, up $8.60 for the week. Last week, Gold traded in a very narrow range while the following positive U.S. economic news...
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