Daily Market Report

Gold saw some serious profit taking in late European trading this morning. . . . Barry Stuppler

Gold attempted to break above the key $2,050 level this morning after the U.S. Labor Department released. . . . Barry Stuppler

Yesterday and in overnight today, Gold has stayed in a narrow trading range. . . . Barry Stuppler

The Gold price is firming up today, trading between $2,018 and $2,030 per ounce as it gets ready for the next move higher. . . . Barry Stuppler

Job growth in April proves better than expected despite bank issues and a decelerating economy. . . . Barry Stuppler

Yesterday was an exciting day with Gold trading around $2,018 per ounce until Federal Reserve Chairman Powell gave a news conference. . . . Barry Stuppler

As we wait to hear from the Federal Reserve on Fed Funds rate change today. . . . Barry Stuppler

Gold is off and running today, reaching a high of $2,020 per ounce. . . . Barry Stuppler

JPMorgan acquired all of First Republic’s deposits and a majority of its assets today. . . . Barry Stuppler

Gold tested support this morning at $1,976 on inflationary news. . . . Barry Stuppler