Daily Market Report

Job creation continued in November, with payrolls growing even faster than expected... Barry Stuppler

It was reported that the ADP National Employment Report Private payrolls rose by 103,000 jobs last month... Barry Stuppler

Gold is building a firm base, which is very healthy for both the short and long-term value of Gold... Barry Stuppler

After setting an all-time high of $2,130 in early Monday morning trading, Gold has seen selling and profit-taking... Barry Stuppler

In overnight computerized trading, Gold prices soared to a record high briefly above $2,100 in very early Asian trading... Barry Stuppler

This morning we heard dovish comments, by Fed Chair Powell, about cutting interest rates in 2024... Barry Stuppler

Gold traded today between $2,031 and $2,044 per ounce as it builds an excellent base for the next leg higher... Barry Stuppler

U.S. Interest rates (10-Year Treasury) is currently trading at a 2-month low, under 4.28%... Barry Stuppler

Interest rates continue to drop (10-Year under 4.35%) and the U.S. Dollar Index broke below 103 this morning... Barry Stuppler

Gold firmly moved above $2,000, hitting a six-month high of $2,017 per ounce early Monday as the dollar weakened and speculation increased that the Federal Reserve would pause its series of interest rate hikes next month... Barry Stuppler