Daily Market Report

Gold showed excellent price support above the $3,300 level yesterday, and today it's showing fresh demand... Barry Stuppler

During the past 48 hours, we have had a lot of volatility in the precious metal markets... Barry Stuppler

With lots of coverage on the Iranian attack on the US media, the US precious metal markets were very active... Barry Stuppler

Gold traded over the holiday between $3,340 and $3,375 with light trading volume... Barry Stuppler

Gold is trading today between $3,371 and $3,400 as it waits for direction on increase rates from our Federal Reserve... Barry Stuppler

The U.S. Commerce Department reported today that May Retail sales fell 0.9%... Barry Stuppler

Today, the Gold price has traded overseas and in the U.S. between $3,380 and $3,452 per ounce... Barry Stuppler

Last night, Gold reached a high of $3,445 per ounce on the news of the Israeli air attack on Iran... Barry Stuppler

A weaker U.S. Dollar (under 98), a low Producer Price Index for May, and a higher U.S. jobless claims report have pushed Gold to $3,400 today... Barry Stuppler

Today it was reported that the consumer price index increased 0.1% for May, half of what the Dow Jones forecasted....Barry Stuppler