Barry Stuppler

Gold is trading today near the psychological important $2000 per ounce level . . . .Barry Stuppler

The financial markets reacted to comments made in the Jay Powell’s press conference positively. . . .Barry Stuppler

Today, Gold has traded above and below the key $1,950 level as it awaits Fed Chairman Powell’s policy press release and press conference. . . . .Barry Stuppler

Today, Gold is seeing heavy profit-taking pressure from the future traders . . . .Barry Stuppler

Gold reached a high this morning of $2,011 per ounce in early European trading before seeing some short-term profit taking. . . . Barry Stuppler

Last week was the best week Gold has had in over 3 years, up $106.30, closing at $1,972 per ounce. Gold opened higher on Monday and kept on moving higher all week . . . . Barry Stuppler

The U.S. Dollar index dropped below the key 104 level this morning on concerns over the possibility of more banking problems. . . .Barry Stuppler

Many of the largest countries in the world are carefully looking at the liquidity of their largest banking institutions. . . .Barry Stuppler

Banking problems are back in the focus today as the Credit Swiss Bank is having financing problems. . . .Barry Stuppler

Today, it was reported that the US Consumer Price Index (CPI) rose in February 0.4%, and the annual rate slowed down . . . . Barry Stuppler