Daily Market Report

Increased concerns about the Coronavirus has taken down the Dow by 500 points and lowered interest rates and the U.S. Dollar . . . . Barry Stuppler

Gold is back on the $1,600 per ounce track, showing a nice $13 per ounce rally this morning. . . .Barry Stuppler

This year’s U.S. budget deficit is projected to be a whopping $1 trillion. Plus, the Congressional Budget Office. . . .Barry Stuppler

This morning's report indicated that U.S. Consumer confidence surged to a 5-month high in January and caused . . . .Barry Stuppler

Gold reached a high of $1,588 per ounce during early Asian trading . . . .

The Gold rally continued today, reaching a high of $1,577 per ounce. Gold is on its way back. . . .Barry Stuppler

Gold tested the $1,550 support level in early Asian trading, but quickly rallied. . . . Barry Stuppler

Gold is trading in a narrow high/low range today from $1,552 to $1,560 per ounce today. . . .Barry Stuppler

Gold reached a high of $1,566 per ounce over the holiday weekend before seeing short-term profit taking in European trading this morning . . . . Barry Stuppler

Gold found support this morning in Europe and continued to rally when the markets rolled. . . .Barry Stuppler