Weekly Market Report

Last week was a terrible week for Gold and Silver investors. . . . Barry Stuppler

After hearing of an agreement between the U.S. and Iran on June 11th, the Gold price started moving higher... Barry Stuppler

Last week, Gold trading was highly volatile, with the Gold price dropping to a new 2026 low of $4,022 per ounce on Thursday... Barry Stuppler

Last week’s Gold trading was very disappointing, as the price broke below the $4,500 per ounce support level... Barry Stuppler

It was reported last week that the China Central Bank continues massive amounts of Gold buying in 2026. In March, China purchased 47 tons of Gold via Hong Kong, and in April that number increased... Barry Stuppler

Last week, Gold traded between $4,452 to $4,590 per ounce, breaking below the $4,500 support level for five consecutive days... Barry Stuppler

Last week, the Gold value dropped $187 per ounce... Barry Stuppler

Gold closed last Friday at $4,720 per ounce, up $105 for the week... Barry Stuppler

Gold closed last Friday at $4,615 per ounce, down $50 for the month of April... Barry Stuppler

Between the U.S. Navy stopping and boarding Iranian oil tankers and the Islamic Revolutionary Guard attacking foreign ships in the Straits of Hormuz, precious metals prices. . . Barry Stuppler