Daily Market Report

Today, Gold has traded above and below the key $1,950 level as it awaits Fed Chairman Powell’s policy press release and press conference. . . . .Barry Stuppler

Today, Gold is seeing heavy profit-taking pressure from the future traders . . . .Barry Stuppler

Gold reached a high this morning of $2,011 per ounce in early European trading before seeing some short-term profit taking. . . . Barry Stuppler

The U.S. Dollar index dropped below the key 104 level this morning on concerns over the possibility of more banking problems. . . .Barry Stuppler

Many of the largest countries in the world are carefully looking at the liquidity of their largest banking institutions. . . .Barry Stuppler

Banking problems are back in the focus today as the Credit Swiss Bank is having financing problems. . . .Barry Stuppler

Today, it was reported that the US Consumer Price Index (CPI) rose in February 0.4%, and the annual rate slowed down . . . . Barry Stuppler

The financial markets and Federal Reserve continue to react to the collapse of Silicon Valley Bank. . . . Barry Stuppler

This morning, the February’s jobs numbers was released, It rose . . . .Barry Stuppler

Gold rallied today on heavy buying (possibly Central Bank) . . . .Barry Stuppler