Daily Market Report

Gold broke below the $4,500 level again this morning, reaching a low of $4,489 before rallying back on strong volume... Barry Stuppler

Gold broke below the $4,500 level yesterday, reaching a low of $4,452 during trading in India... Barry Stuppler

Gold traded last night in overseas commodity markets above the $4,500 support level, reaching a high of $4,589 during Chinese trading... Barry Stuppler

This morning, in early overseas trading in China, India, and London, Gold tested its key $4,500 support level, reaching a low of $4,480 per ounce... Barry Stuppler

Gold dropped over $100 this morning based on three factors... Barry Stuppler

Today, the U.S. retail sales increased 4.9% from April 2025, as reported by the U.S. Commerce Department... Barry Stuppler

After the release of the PPI today, showing a 1.4% increase for April, and yesterday's higher CPI, Gold briefly sold off, reaching a low of $4,669 per ounce... Barry Stuppler

U.S. consumer inflation (CPI) increased 0.6% in April, which was expected by analysts... Barry Stuppler

This morning, in early overseas trading in Hong Kong, China, the price of Gold started at $4,690 per ounce... Barry Stuppler

The Bureau of Labor Statistics showed that April’s U.S. employment increased more than ⁠expected while the unemployment rate held steady at 4.3%. Non-farm payrolls rose by. . . Barry Stuppler