Daily Market Report

Interest rates moved lower and the U.S. Dollar Index is again under 90, so Gold moved higher this morning . . . . Barry Stuppler

In overnight trading, Gold reached a high of $1,917 per ounce, then we saw the normal profit taking on an interest rate increase . . . . Barry Stuppler

Gold falls to $1,883 this morning in Asian and early European markets, then came the following announcement . . . . Barry Stuppler

After reaching a high of $1,913 per ounce yesterday, Gold sold off on heavy profit taking late yesterday and this morning . . . . Barry Stuppler

Both the U.S. Dollar and interest rates are remaining low, which helped Gold reach a high of $1,913 per ounce in early morning trading today . . . . Barry Stuppler

The U.S. Dollar is staying under 90, 10-Year Interest rates are below 1.6%, Bitcoin is under $40,000 and Gold is moving higher . . . . Barry Stuppler

With the U.S. Dollar and interest rates staying low and pressure being put on Bitcoin, the Gold price is behaving well . . . . Barry Stuppler

As we move into the weekend, many commodity traders clear their positions, causing a little more volatility . . . . Barry Stuppler

Gold has traded today between $1,870 to $1,885 per ounce, as it continues to consolidate recent gains . . . . Barry Stuppler

Gold rallied $20 this morning as the Chinese government puts heavy restrictions on the use of Bitcoin . . . . Barry Stuppler