Daily Market Report


  1. Strong Buying In Asia Over Lunar New Year Holiday

    A stronger U.S. Dollar Index (over 96) is keeping Gold on the defensive. However, strong buying in Asia over the Lunar New Year holiday is driving demand . . . .
    (Read More)
  2. Silver Thrives With Little Direction From Gold

    Gold traded in a very narrow $6 high/low trading range today. That trading range was $1,310 to $1,316 per ounce in the face of a stronger U.S. Dollar. Gold . . . .
    (Read More)
  3. Demand For Physical Silver Picking Up

    After last week’s rally, Gold is establishing a new trading range above the new support level of $1,300 per ounce. This . . . .
    (Read More)
  4. Silver Struggles To Stay Above Key $16 Resistance Level

    Gold ended January at $1,320 up $39 (3%) in the last week. After the recent rally Gold is showing a small amount of Friday profit taking, trading in . . . .
    (Read More)
  5. Gold Reaches High After Federal Reserve Press Conference

    After Federal Chairman Powell’s press conference yesterday, the price of Gold reached a high of $1,325 per ounce. Why? Increasing . . . .
    (Read More)
  6. Gold Price Supported By Geopolitical Turmoil

    Gold reached a high of $1,315 in Asian trading today and right now is holding in the $1,308 to $1,312 area. Geopolitical problems with . . . .
    (Read More)
  7. Gold Continues Breakout & Silver Follows

    Gold Continues Breakout & Silver Follows

    The Gold breakout continues, as Gold hits a high of $1,311 per ounce in late U.S. trading. Demand and trading volume have . . . .
    (Read More)
  8. Traders Adjust To Higher Gold Levels & Weaker U.S. Dollar Index

    Gold has traded between $1,297 and $1,304 per ounce today on excellent volume. Most of today’s trading was above the important $1,300 price level . . . .
    (Read More)
  9. Gold Rally Saves Silver

    Gold Rally Saves Silver

    Finally, Gold reached a high of $1,299.80 this morning, a $18 break out. Why? A weaker U.S. Dollars and massive inflows of . . . . .
    (Read More)
  10. Silver Continues To Show Weakness While Gold Tests Lower Support Level

    A sizeable rally in the U.S. Dollar this morning, particularly against the Euro, caused Gold to test its $1,280 support level. Gold reached . . . .
    (Read More)

Items 11 to 20 of 2006 total

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