Daily Market Report

The Trump administration levied more than 55 billion in new tariffs on China . . . .

After trading above and below the important $1,300 level for the past three weeks, Gold appears to have (hopefully) firmly . . . .

Today, the Federal Reserve, as expected, raised interest rates by ¼ of a point . . . .

Apparently, the North Korean summit didn’t produce enough information to move the precious metal needle . . . .

To say the results of last weekend’s G-7 meeting were disappointing is an under-statement . . . .

Gold continues to stay in a very tight $7 high/low trading range . . . .

Gold continues to trade in a tight $8 high/low trading range . . . .

Gold briefly broke back above the key $1,300 per ounce level this morning on fresh buying . . . .

Gold doesn’t want to go down. They took it below $1,290 this morning, but major buying appeared and the price quickly jumped $5 per ounce . . . .

Gold is trading in a narrow $8 high/low trading range from $1,290 to $1,298 per ounce today . . . .