Daily Market Report

At the beginning of July, the U.S. Dollar Index was trading at 97.23, and in just a month it fell to 92.62, an incredible 5% drop in just 30 days. . . .Barry Stuppler

The bears showed up last night and were able to drive the Gold price down to $1,937 before bargain buyers showed. . . .Barry Stuppler

Yields on U.S. Treasuries and the U.S. dollar continue to drop and gold is still on track to $2,000 per ounce. Demand is strong. . . .Barry Stuppler

What exciting trading in overnight markets in Asia and Europe as Gold reached a high of $1,974 per ounce. Gold reached. . . .Barry Stuppler

A combination of a weaker U.S. dollar and lower yields on U.S. Treasuries fueled the raise for Gold to an all-time high. . . .Barry Stuppler

Gold briefly hit a high today of $1,904 in European trading. Demand continues to grow for popular physical. . . .Barry Stuppler

Gold made a new 9-year high this morning of $1,898 per ounce in early European trading. A weaker U.S. dollar combined. . . .Barry Stuppler

Gold broke above the $1,850 resistance level last night in Asian trading and kept on moving higher, reaching a high of $1,872 per ounce. . . Barry Stuppler

As Congress gets closer and closer to agreeing on the next $2-$3 trillion COVID-19 stimulus aid legislation. . . .Barry Stuppler

Gold has been trading in the $1,810 to $1,821 range all day. A break above $1,830 should cause an immediate run. . . .Barry Stuppler