Daily Market Report

Gold is fighting to stay above the $ 4,000 per ounce level after briefly slipping below it in overnight trading... Barry Stuppler

Gold dropped below $4,000 in overseas trading last night in China and India, but rallied back in London... Barry Stuppler

As early Monday trading moved in overseas markets, Gold started at $4,070 in China, then as the market moved to India, we saw the price continue to drop, opening at $4,051 per ounce... Barry Stuppler

A combination of a weaker US Dollar and major purchases in London helped start a rally in the gold market. . . Barry Stuppler

Yesterday and last night in overseas trading, gold reached a low of $3,963 per ounce. . . Barry Stuppler

A surging U.S. Dollar and concerns about higher interest rates put pressure on the gold price. . . Barry Stuppler

During overseas trading this morning and in the U.S. gold is finding support above the $4,100 level, while seeing resistance. . . Barry Stuppler

During peace talks in Switzerland between the U.S. and Iran, the Iranians are demanding a stop to military actions in Lebanon . . . Barry Stuppler

Gold is seeing strong demand in China and India; the weakness is coming in London and the U.S. markets... Barry Stuppler

Gold stayed above $4,300 per ounce during overseas trading this morning... Barry Stuppler