Daily Market Report

Minneapolis Fed President Neel Kashkari said late yesterday that there’s a 40% chance that the central bank will need to push interest rates “meaningfully higher” to curb inflation. This statement affected the U.S. Dollar and Interest rates, driving them higher.... Barry Stuppler

U.S. Dollar and interest rates are higher, while precious metals are lower, which is just the way it works most of the time.... Barry Stuppler

Both interest rates and the U.S. Dollar Index hit new highs this morning.... Barry Stuppler

The Gold market seems to be caught in a neutral territory following the S&P Globals data report.... Barry Stuppler

After yesterday’s announcement from Federal Reserve chairman Powell that interest rates may not be slowing down as original thought, the markets reacted.... Barry Stuppler

In the face of the higher U.S. interest rates in over 16 years, Gold has found increasing demand, which is driving the value higher.... Barry Stuppler

Gold is trading in a narrow range today awaiting information from the upcoming Federal Reserve meeting.... Barry Stuppler

Strong Gold demand in overnight trading in Asia and Europe drove up the price to . . . .Barry Stuppler

Gold rallied from its 3-week low of $1,900 today on better-than-expected economic data from China.... Barry Stuppler

Gold tested the key $1,900 support level in early trading today, reaching a low of $1,900.30, before finding sizeable bargain buying.... Barry Stuppler