Daily Market Report

A rally in the US Dollar and an increase in interest rates is putting pressure on precious metals... Barry Stuppler

We start 2024 with Gold rallying in Asia and Europe, reaching a high of $2,077 before rolling into the U.S... Barry Stuppler

Today is the last trading day of the year 2023, and it’s been the best year since 2020... Barry Stuppler

Gold traded today between $2,072 and $2,087 per ounce, building a firm base for a move to $2,100 soon... Barry Stuppler

The Federal Reserve’s favorite inflation measure, the personal consumption expenditures price index, rose at a 3.2% annual rate last month and was up just 0.1% month on month... Barry Stuppler

After the Christmas holiday, Gold started trading on Asian and European markets and quickly started moving higher... Barry Stuppler

Gold broke out above the $2,050 per ounce resistance level in early trading and reached a high of $2,062 before seeing selling... Barry Stuppler

Gold is slowly working its way up to the higher part of the $2,000 to $2,050 trading range.... Barry Stuppler

Gold is trading in a narrow trading range between $2,030 and $2,040 per ounce today.... Barry Stuppler

Gold traded today between $2,030 and $2,045 as it continues to build a firm base for the next break above $2,050 and then $2,100.... Barry Stuppler