Daily Market Report

Many of the financial markets are reacting from news coming from tomorrow’s Federal Reserve meeting. . . . Barry Stuppler

The Gold market appears to be ON HOLD, awaiting fresh news to give it a firm direction. . . .Barry Stuppler

An increase in the September U.S. core personal consumption rate of 0.5% has caused inflation concerns in the financial markets today. . . . Barry Stuppler

Gold appears to be in a holding pattern, awaiting news next week from the Federal Reserve. . . . Barry Stuppler

The U.S. Dollar and U.S. Interest continue to move lower and Gold/Silver are moving higher. . . . Barry Stuppler

The Gold price reached a low of $1,638 during Asian trading this morning, . . . .Barry Stuppler

Today, Gold has traded above and below its important $1,650 support/resistance level. . . . Barry Stuppler

Gold reached a low this morning during Asian trading of $1,618 per ounce, before seeing sizeable . . . . Barry Stuppler

Gold rallied, reaching a high of $1,646, after the British Prime Minister resigned during early trading. . . . Barry Stuppler

That news combined with higher inflation rates being reported in Europe drove Gold . . . .Barry Stuppler