Daily Market Report

Gold continues to consolidate recent gains and build a base between $1,765 and $1,780 per ounce . . . . Barry Stuppler

Gold reached a 7-week high in Asian and early European markets this morning of $1,790 per ounce . . . . Barry Stuppler

Gold reached $1,785 per ounce in this morning trading, a two-month high and is preparing to break the $1,800 level . . . . Barry Stuppler

The U.S. 10-Year Treasury rate hit 1.54% today, the lowest rate for the past few months . . . . Barry Stuppler

Gold continues to build a base, trading between $1,730 and $1,750 per ounce . . . . Barry Stuppler

This morning, it was reported that the March U.S. consumer price index rose by the most in more than 8 ½ years . . . . Barry Stuppler

Gold traded lower over the weekend, as there was lack on any bullish news to give the market a firm direction . . . . Barry Stuppler

A small tick up in interest rates and the U.S. Dollar Index caused Gold to reach a low of $1,730 in early morning trading . . . . Barry Stuppler

Continued weakness in both the U.S. Dollar and interest rates has fueled increasing demand for Gold/Silver . . . . Barry Stuppler

Gold traded in a narrow range today between $1,731 and $1,744 per ounce as it continues to build a base for the next leg higher . . . . Barry Stuppler