Daily Market Report

As Chairman Powell answered questions after his speak yesterday, the . . . Barry Stuppler

I’m watching Federal Reserve Chairman Powell speak at the Brookings Institution. . . .Barry Stuppler

Gold continues to stay in a tight trading range today between $1,747 and $1,759 per ounce, as it builds an important base. . . . Barry Stuppler

China’s restrictive Covid polices are causing protests in many cities today. Locking down the country will directly affect the supply chain issues in the U.S. . . .Barry Stuppler

October U.S. unemployment numbers were released today, early because of the Thanksgiving Day holiday tomorrow. . . .Barry Stuppler

Gold unsuccessfully tried to rally above $1,750 in European trading this morning, briefly reaching a high of $1,750.80 per ounce. . . .Barry Stuppler

Gold sold-off this morning due to a stronger U.S. Dollar, with the U.S. Dollar reaching a high of 107.91 in active trading. . . .Barry Stuppler

Gold traded today between $1,750 and $1,760 per ounce, as it continues to build an excellent base for the next leg higher. . . . Barry Stuppler

A slight tick up in interest rates and the U.S. Dollar equals a small move down in Gold and Silver. . . .Barry Stuppler

After a missile hit Poland, the Gold price quickly rallied to $1,786 because of the possibility that it could have been a Russian missile. . . .Barry Stuppler