Daily Market Report

During Federal Reserve Chairman Powell's press conference yesterday he made the following bullish statements... Barry Stuppler

Gold was little changed early Wednesday with investors awaiting the release of the latest monetary policy statement from the Fed... Barry Stuppler

Gold has traded between $2,148 and $2,158 as it awaits the Federal Reserve announcement on interest rates due tomorrow.... Barry Stuppler

Gold reached a low of $2,145 this morning as the market is accepting the idea that the Federal Reserve is likely not to lower interest rates until June.... Barry Stuppler

With the U.S. Dollar index trading back above 103 and the U.S. 10-Year Treasury bill moving above 4.30%, the Gold rally has stopped today.... Barry Stuppler

Short-term profit taking it most of the oversea markets this morning and the U.S. opened lowered. . . .Barry Stuppler

This morning the U.S. Dollar had its biggest decline since early January. . . .Barry Stuppler

Today, the core inflation rate for February was released. That inflation rate came in hotter than had been expected at 3.9%. . . . Barry Stuppler

Gold is trading today in a very tight $10 high/low supportive range. It has traded between . . . .Barry Stuppler

This morning the U.S. Labor Department released the February Non-Farm worker employment numbers. . . .Barry Stuppler