Daily Market Report

After the release of the PPI today, showing a 1.4% increase for April, and yesterday's higher CPI, Gold briefly sold off, reaching a low of $4,669 per ounce... Barry Stuppler

U.S. consumer inflation (CPI) increased 0.6% in April, which was expected by analysts... Barry Stuppler

This morning, in early overseas trading in Hong Kong, China, the price of Gold started at $4,690 per ounce... Barry Stuppler

The Bureau of Labor Statistics showed that April’s U.S. employment increased more than ⁠expected while the unemployment rate held steady at 4.3%. Non-farm payrolls rose by. . . Barry Stuppler

Gold continued higher this morning on news from President Trump about being close to a settlement of the Iranian war. . . Barry Stuppler

Gold soared this morning on optimism of a possible peace deal between the U.S. and Iran. The U.S. dollar (under $98) and oil prices dropped. . . Barry Stuppler

Gold rallied this morning in London and the U.S. on lower-than-expected March labor numbers. The U.S. Labor Department reported. . . Barry Stuppler

The markets feel that it will start U.S. and Israeli military actions very soon, and the Gold price. . . Barry Stuppler

With the status of the Iran war still up in the air, Gold is finding price support during U.S. trading... Barry Stuppler

After testing the key $4,500 per ounce support level yesterday, Gold rallied this morning... Barry Stuppler