Daily Market Report

This morning Gold reached a high of $1,934 on a weaker dollar and geopolitical uncertainty. . . .Barry Stuppler

In overnight European trading, a major buyer appeared (possibly a central bank) and drove the Gold price up $25 . . . .Barry Stuppler

In overnight trading, both the British and Swiss Central banks increased their interest rates, which drove precious metal prices lower. . . .Barry Stuppler

Federal Reserve Chairman Powell testified to Congress today. . . . .Barry Stuppler

It was reported this morning that the Chinese economy is slowing and the recovery is losing momentum. . . . Barry Stuppler

In overnight trading Gold firmed up above the key $1,950 support level. . . .Barry Stuppler

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