Daily Market Report

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

A weak US Dollar and speculation that the Federal Reserve will be lowering interest rates in September took the Gold price up to $3,370 in London this morning... Barry Stuppler

The U.S. Bureau of Labor Statistics reported this morning that the Consumer Price Index (CPI) increased 0.2% in July, after a 0.3% increase in June... Barry Stuppler

This morning, Gold traders are still waiting for clarity from Trump on Gold bars and many of the key economic indicators coming this week... Barry Stuppler