Daily Market Report

Gold broke above the $4,100 level during U.S. trading this morning, reaching a high of $4,106 per ounce... Barry Stuppler

Now, I believe we saw the bottom of the recent Gold sell-off on July 29th (for more details, see 8/3/26 Weekly Market Report)... Barry Stuppler

There was some month-end selling in London and the U.S. this morning that took the Gold price down to $4,018 before seeing bargain buying... Barry Stuppler

Yesterday’s trading is a strong indicator that the Gold price will now be moving higher in 2026... Barry Stuppler

Gold moves lower in the U.S. in early trading as the dollar increases and the Iranian military missile attack... Barry Stuppler

Gold tested the key $4,000 support level this morning during trading in the U.S., reaching a low of $4,011 per ounce... Barry Stuppler

After two weeks of U.S. strikes on Iran, last weekend there were no strikes by the US military against Iran... Barry Stuppler

With the Houthis attacking vessels in the Red Sea and the price of oil moving over $100 a barrel, this Iranian war is worsening... Barry Stuppler

The Gold markets saw selling in the early morning and during U.S. trading, dropping $90 per ounce... Barry Stuppler

Strong demand for Gold is helping the price move higher this morning, as Gold moved over $4,100 per ounce during Chinese trading last night... Barry Stuppler