Daily Market Report

Gold reached a low of $1,925 this morning in Asian trading on the possibility of more . . . .Barry Stuppler

Gold moved higher in early Wednesday trading on the release of an inflation report showing U.S. inflation growth eased in May.... Barry Stuppler

Today’s U.S. consumer price index report for May showed. . . . Barry Stuppler

This morning the U.S. Dollar Index rallied and Gold tested its $1,950 support level... Barry Stuppler

This morning economic reports were released from China showing a sizeable slowing in demand and in their economy, this news took the Gold price lower.... Barry Stuppler

Gold had a large trading range today, from $1,942 per ounce to $1,971.... Barry Stuppler

Gold fell below the $1950 support level this morning following a release of weak economic data out of China....Barry Stuppler

After reaching a low of $1,937 yesterday, Gold is building support and an excellent base above the key $1,950 price level.... Barry Stuppler

Gold reached a low of $1,937 this morning as a reaction to last week’s Non-Farm Employment numbers, a strong Dollar, and higher 10-Year Treasuries.... Barry Stuppler

The May Non-Farm Employment numbers were reported this morning. The report showed an increase of 339,000, compared to the 190,000 that was forecasted.... Barry Stuppler