Daily Market Report

Gold found sizeable demand (possibly a Central Bank) in London moving to the high of today of $4,180 per ounce... Barry Stuppler

Last night in overseas trading, Gold started higher; then, when trading moved to India, Gold dropped to $4,122 per ounce... Barry Stuppler

With the U.S. Dollar reaching a 2-year high over 102  and with interest rates on bonds and Treasury bills at highs, the Gold price is under a lot of pressure.

Gold has traded today between $4,146 and $4,220 in overseas and U.S. markets today... Barry Stuppler

Gold reached a low of $4,112 this morning during trading in India before seeing sizeable buying... Barry Stuppler

Last night in overseas trading, Gold traded down to $4,110 per ounce in London... Barry Stuppler

With some positive news being reported on a fresh U.S.-Iran deal, the U.S. Dollar and Oil moved lower.

As the value of the U.S. Dollar moves higher (over 101), and the Iranian war is expending the pressure on physical metals continues... Barry Stuppler

In overseas market trading in London this morning, the U.S. Dollar and oil rallied while Gold moved lower... Barry Stuppler

Last night, as the Gold market traded around the globe from Australia, China, India, and London, the price of Gold kept dropping to a low of $4,290 per ounce... Barry Stuppler