Daily Market Report

Gold jumped after the U.S. Treasury announcement that it was doubling the size of some debt buyback operations, which knocked down bond yields and the dollar ahead of the release of the Federal Reserve’s July meeting minutes... Barry Stuppler

Gold dropped below the key $4,400 level during trading in India, reaching a low of $4,385 per ounce... Barry Stuppler

In overseas trading last night, Gold traded above and below the $4,400 per ounce level, trading between $4,366 and $4,428 per ounce... Barry Stuppler

U.S. retail sales unexpectedly fell in July after recent strong gains that were fueled by large tax refunds... Barry Stuppler

Gold held firm after yesterday’s CPI report showed consumer prices rising 0.1% in July and 3.4% from a year earlier, while core CPI rose 0.2% on the month and 2.5% year-over-year... Barry Stuppler

Gold moved above $4,400 per ounce in overseas trading this morning... Barry Stuppler

Gold was trading today on overseas markets above and below the important $4,400 per ounce level... Barry Stuppler

In overseas trading last night, Gold started trading at $4,335 per ounce in China and India... Barry Stuppler

Gold reached a high of $4,372 this morning in early London trading, on heavy demand... Barry Stuppler

Gold broke out this morning, moving over the $4,200 resistance level... Barry Stuppler