Daily Market Report

Last night in Asian and European trading Gold tested the key support level of $1,950 and held. . . . Barry Stuppler

Fears that the war could expand to nearby countries, destabilizing the region, drew investors to Gold as a traditional safe haven asset. . . . Barry Stuppler

Gold has traded today between $1,913 and $1,932, as Gold tries to build a firm base above the $1,900 resistance level. . . .Barry Stuppler

Friday’s $60 increase in the Gold price came mostly in London and the U.S. . . . Barry Stuppler

In the face of a stronger U.S. Dollar and higher interest rates Gold broke out this morning, moving above the key $1,900 resistance level. . . .Barry Stuppler

Gold traded last night between $1,867 and $1,888 per ounce. A stronger U.S. Dollar . . . .Barry Stuppler

As the Israeli-Hamas conflict intensifies, the precious metals moves higher, a true safe Haven investment. . . .Barry Stuppler

As the Israeli-Hamas conflict heats up, the Gold price is establishing a firm base above the key $1,850 per ounce support level.... Barry Stuppler

The Israeli-Hamas conflict in Gaza and the potential of a middle East war drove the price of Gold higher over the weekend. . . . Barry Stuppler

The U.S. Nonfarm payroll for September was released today. The 336,000 new jobs was substantially higher than the 170,000 jobs which was anticipated by the Labor Department.... Barry Stuppler