Daily Market Report

Gold found renewed buying in New York early this morning, taking the value up to $4,350 before seeing selling... Barry Stuppler

U.S. Unemployment for November moved higher to 4.6%, the highest level in over 4 years is helping to support the Gold price over $4,300 per ounce... Barry Stuppler

This week’s trading started in China last night... Barry Stuppler

Gold reached a high of $4,354 per ounce on the London market during overseas trading today... Barry Stuppler

After the Fed reduced its interest rate yesterday, Gold had a short selloff and then started moving higher... Barry Stuppler

As we wait for the Federal Reserve’s decision on a Fed Funds rate cut, Gold is actively trading... Barry Stuppler

Gold and Silver prices are up going into Tuesday with traders eagerly anticipating the Federal Reserve’s Open Market Committee and what Fed Chair Jerome Powell will say in regards to interest rate cuts... Barry Stuppler

Gold trading started last night in China in a narrow range between $4,195 and $4,206 per ounce... Barry Stuppler

Last night in overseas trading, Gold reached a low of $4,194 in China and then moved back above $4,200 and stayed there in India, London, and U.S. trading... Barry Stuppler

Last night, Gold fought to stay above the $4,200 level in all of the overseas markets... Barry Stuppler