Daily Market Report

GOLD A stronger U.S. Dollar and improving U.S. economic news drove the Gold price down this morning. As we approach the Labor Day holiday weekend, the trading volume is weakening. At 11am PDT today, Gold is trading at $1,313 per ounce, down $10 on light volume. SILVER Silver tried to break above the $19 per ounce resistance level this morning...

GOLD With Labor Day just a week away, market activity is relatively good today; trading volumes are normal and Gold has been on a slow and steady incline. Gold reached a low of $1,315 per ounce this morning. The Gold price then rallied back to its recent trading range in European markets as demand picked up. At 11am today, Gold...

GOLD Gold continues to trade in the $1,320 to $1,340 per ounce price range. This morning in overseas trading, the bulls and bears are still trying to take control of the short term price direction. At 11am PDT today, Gold is unchanged, trading at $1,322 per ounce on light volume. SILVER This morning Silver briefly moved above the key $19...

GOLD With improving U.S. economic news and statements by Federal Reserve Governors, the Gold/Silver prices were down in early trading. The concern is that the Fed would be raising interest rates sometime this year. Gold reached a low of $1,316.50 this morning before seeing sizeable buying. At 11am PDT today, Gold is trading at $1,322 per ounce, down $4.50 on...

GOLD The Gold price sold off this morning, reaching a low of $1,324.80 per ounce. Gold’s decline was caused by a stronger U.S. Dollar and concerns about a speech by Federal Reserve Chair Janet Yellen this weekend, which will be closely watched for further clues on U.S. interest rate policy. At 11am PDT today, Gold is trading at $1,326.50 per...

GOLD Today, Gold has traded in a narrow $10 high/low price range, from $1,345 to $1,335 per ounce. Gold showed excellent support yesterday above the $1,330 per ounce level. At 11am PDT today, Gold is trading at $1,342 per ounce, up $3 on average volume. SILVER Silver briefly broke above the key $19 per ounce resistance level this morning, reaching...

GOLD Gold traded down to a low of $1,330 per ounce this morning before finding bargain buying. Physical and contract Gold demand continues to be strong in Asian, Middle Eastern, and European markets. At 11am PDT today, Gold is trading at $1,339.50 per ounce on average volume. SILVER Silver broke down below the $19 per ounce support level this morning...

GOLD Gold has been above and below the important $1,350 per ounce level all day. The Gold price continues to consolidate in the recent trading range. At 11am PDT today, Gold is trading at $1,345 per ounce, down $7 on light volume.   SILVER Silver reached a low of $19.23 per ounce this morning, before bargain buying appeared. At 11am...

GOLD After yesterday’s release of the Federal Reserve minutes, the luster came back into the Gold market. In Asian and European markets Gold found fresh buying, driving the overnight price up to $1,356.40 per ounce. Demand is solid in the physical and future contract exchange markets. At 11am PDT today, Gold is trading at $1,352 per ounce, up $8 on...

GOLD Another summer day with light commodity exchange volume, and another day of seeing Gold price consolidation. Gold traded today in a $8 high/how range, with a high of $1,348 and a low of $1,340. I believe Gold is building an extraordinary base for its next leg up, past the $1,400 per ounce level. Federal Reserve minutes are due out...