Daily Market Report

As the U.S. Dollar Index stayed above the 96.50 level and started moving to 97, the price of Gold dropped to $1,160 per ounce, a 20-month low . . . .

Wow, this definitely was the final clean out of Gold commodity investors . . . .

Gold has traded below $1,200 all day, with a low of $1,192 and heavy trading volume . . . .

Gold reached a low of $1,196 in Europe this morning as the Turkish currency crisis is driving non-U.S. currencies and precious metals lower . . . .

Exciting day… Our President raised aluminum/steel tariffs on Turkey, which caused a Turkish currency crisis. The U.S. Dollar index soared above 96 this morning (14-month high) then Gold, currency, and equity markets sold off . . . .

As the Trade War continues to dominate the news, the U.S. Dollar continues to make new highs, with the Index at a new 2 year high of 95.50 . . . .

While increasing trade war tariffs and the strength of the U.S. Dollar dominate the news, Gold continues to stay at a ridiculously low price . . . .

The U.S. Dollar is staying strong and the Gold price is staying weak . . . .

Gold opened higher in Asian markets, reaching a high of $1,218, then sellers came in, driving down the price . . . .

This morning there was sizeable bargain buying in the Asian markets, with Gold rallying to a high of $1,220 per ounce . . . .