Daily Market Report

  1. Gold Reaches High After Federal Reserve Press Conference

    After Federal Chairman Powell’s press conference yesterday, the price of Gold reached a high of $1,325 per ounce. Why? Increasing . . . .
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  2. Gold Price Supported By Geopolitical Turmoil

    Gold reached a high of $1,315 in Asian trading today and right now is holding in the $1,308 to $1,312 area. Geopolitical problems with . . . .
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  3. Gold Continues Breakout & Silver Follows

    Gold Continues Breakout & Silver Follows

    The Gold breakout continues, as Gold hits a high of $1,311 per ounce in late U.S. trading. Demand and trading volume have . . . .
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  4. Traders Adjust To Higher Gold Levels & Weaker U.S. Dollar Index

    Gold has traded between $1,297 and $1,304 per ounce today on excellent volume. Most of today’s trading was above the important $1,300 price level . . . .
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  5. Gold Rally Saves Silver

    Gold Rally Saves Silver

    Finally, Gold reached a high of $1,299.80 this morning, a $18 break out. Why? A weaker U.S. Dollars and massive inflows of . . . . .
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  6. Silver Continues To Show Weakness While Gold Tests Lower Support Level

    A sizeable rally in the U.S. Dollar this morning, particularly against the Euro, caused Gold to test its $1,280 support level. Gold reached . . . .
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  7. Gold Trading In Narrow $6 High/Low Range

    After testing the $1,280 support level yesterday, Gold has traded today in a narrow $6 High/Low range between $1,280 and $1,286 per ounce . . . .
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  8. Lowered IMF Projections Cause Equity Market To Decline

    Gold opened in New York at $1,279.10 and quickly rallied $3 per ounce on bargain buying. During . . . .
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  9. U.S. Dollar Rally Tests Lower Gold Trading Range

    U.S. Dollar Rally Tests Lower Gold Trading Range

    A rally in the U.S. Dollar caused Gold to test the lower end of its recent trading range this morning of $1,280 per ounce. Strong demand appeared and . . . .
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  10. Base Building Continues For Gold Price

    Gold is trading in a very narrow $8 high/low range, between $1,288 and $1,295 per ounce all day . . . .
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