This morning in the overseas market, investors are fearing that the U.S. intervention in the U.S. bond market will lead to a weaker dollar, prompting heavy demand for Gold... Barry Stuppler
Gold jumped after the U.S. Treasury announcement that it was doubling the size of some debt buyback operations, which knocked down bond yields and the dollar ahead of the release of the Federal Reserve’s July meeting minutes... Barry Stuppler
Last night we saw excellent demand for Silver during trading in overseas markets, as it quickly moved above $65 per ounce. Silver moved above $66 during Chinese trading, reaching a high of $66.35 per ounce. But, saw short-term selling in India... Barry Stuppler
Gold held firm after yesterday’s CPI report showed consumer prices rising 0.1% in July and 3.4% from a year earlier, while core CPI rose 0.2% on the month and 2.5% year-over-year... Barry Stuppler