Daily Market Report

Gold reached a high of $3,399.70 today before short-sellers drove the price down to $3,388... Barry Stuppler

Gold traded lower after yesterday close, dropping $15 to $3,357 by 5pm EST... Barry Stuppler

Gold traded today between $3,358 and $3,377 per ounce, as it builds a firm base above the key $3,350 per ounce support level... Barry Stuppler

We waited the entire week for Chairman Powell’s speech at the Jackson Hole financial conference... Barry Stuppler

Gold traded today between $3,326 and $3,352 as it continues to consolidate its 2025 gains... Barry Stuppler

A combination of an oversold Gold price, a sell-off in the stock index, and a weaker U.S. Dollar drove the price of Gold higher all day... Barry Stuppler

Federal Reserve Chairman Powell is set to speak later this week at the financial conference in Jackson Hole, Wyoming... Barry Stuppler

The gold market moved higher in Asia early Monday morning, rallying over $20 by the noon session... Barry Stuppler

The Consumer Sentiment survey for August was released today by the University of Michigan... Barry Stuppler

Gold sold off this morning after the July Producer Price Index (PPI) showed it jumped 0.9%... Barry Stuppler