Daily Market Report

After bouncing off the recent lows on Monday, Gold is trying to build a base between $1,830 and $1,840 per ounce today . . . . Barry Stuppler

Gold rallied this morning on weaker dollar, caused by weak U.S. economic numbers and surprising growth data out of China. . . . Barry Stuppler

Gold reached a low of $1,804.70 this morning during European trading. Then, the U.S. markets opened and it was announced that the Consumer Confidence Index (CCI) . . . .Barry Stuppler

This morning Gold bottomed out before the U.S. Commerce Department released the January durable goods data . . . . Barry Stuppler

The core Personal Consumption Expenditures (PCE) price index was released today . . . . Barry Stuppler

Gold continues to have trouble holding a rally above $1,830 per ounce. . . . Barry Stuppler

Gold traded today between $1,831 and $1,839 as the market awaits . . . . Barry Stuppler

Gold traded today between $1,833 and $1,845 per ounce, as the base building . . . Barry Stuppler

Gold reached a low of $1,818 this morning on a stronger U.S. Dollar amid increasing speculation . . . Barry Stuppler

Gold reached a low of $1,827 before seeing major bargain buying that took the price . . . Barry Stuppler