Daily Market Report

A weaker U.S. Dollar and the personal consumption expenditures price (PCE) index for November showing an increase of only 0.1% from the preceding month helped Gold rally this morning... Barry Stuppler

The financial markets are reacting strongly to Federal Chairman Powell’s comment that the Fed will likely do only two rate cuts in 2025... Barry Stuppler

This morning, as expected, the Federal Reserve announced a quarter-point cut in the Federal Fund rate... Barry Stuppler

November retail sales were reported today and were higher than expected, up 3.8%. Gold reacted... Barry Stuppler

Gold traded this morning between $2,643 and $2,666 per ounce as it continues to build a firm base... Barry Stuppler

Today's trading day is much like yesterday's. The U.S. Dollar Index is rising (over 107) and concerns about the PPI numbers are... Barry Stuppler

A stronger U.S. Dollar combined with a disappointing Produce Price Index (PPI) has lowered the Gold price to... Barry Stuppler

The U.S. Consumer Price Index (CPI) reported that core CPI rose 0.3% on a month-on-month basis which is 3.3% annually... Barry Stuppler

The year-end rally continues with Gold testing the important $2,700 resistance level this morning... Barry Stuppler

A combination of the fall of the Syrian government and China buying Gold after a six-month pause is driving... Barry Stuppler