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Gold
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Last week we saw Gold break below the key $1,250 support level, reaching a low of $1,241.70 per ounce. On June 6, Gold made its second attempt at breaking above the key $1,300 . . . .

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Posted in Weekly Market Report By Barry Stuppler

Since February of 2017, Gold has traded between $1,201 and $1,298 per ounce. During that period of time Gold has made two attempts to break above the key $1,300 per ounce resistance level. The third attempt . . . . 

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Posted in Weekly Market Report By Barry Stuppler

Last Friday, Gold closed at $1,271 per ounce, down $9 for the week. Last week was an exciting week with Gold making a new 2017 high . . . .

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Posted in Weekly Market Report By Barry Stuppler

Three major factors helped Gold breakout above the key $1,270 per ounce level last week . . . . 

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Posted in Weekly Market Report By Barry Stuppler

Gold started the year at $1,150 per ounce and reached a high of $1,297 on April 17, a $147 increase . . . . 

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Posted in Weekly Market Report By Barry Stuppler

Last week, many of Gold’s indicators turned bullish and the price reacted with a $26 per ounce rally. Gold reached a high of $1,265 last Thursday, before seeing short-term selling . . . . 

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Posted in Weekly Market Report By Barry Stuppler

Last week we saw the turn in precious metal prices. Gold made a new 60-day low last Tuesday at $1,214 per ounce before heavy trading volume started pushing the Gold price higher . . . .

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Posted in Weekly Market Report By Barry Stuppler

Last week wasn’t pretty for Gold investors. During those five trading days, Gold declined $41.40 per ounce, closing last Friday at $1,226.90 per ounce. A number of factors caused the drop in the Gold price . . . . 

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Posted in Weekly Market Report By Barry Stuppler

Last Friday, Gold closed at $1,266 per ounce, down $23 per ounce from the 2017 high of $1,289 reached on April 21. The slide in the Gold price started on Monday, after Marine Le Pen, leader of the National Front, came in second in the French runoff . . . .

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Posted in Weekly Market Report By Barry Stuppler

Gold has now increased six weeks in a row, closing at $1,289.10 per ounce last Friday; an $88 increase over the past six weeks, and up $139 (12%) since the beginning of 2017, a new record high for the year . . . .

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Posted in Weekly Market Report By Barry Stuppler
 

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Date
Dec 2002
Dec 2003
Dec 2004
Dec 2005
Spot Price
$348.10
$415.70
$437.50
517.10
Increase
+25.90%
+19.42%
+5.24%
+18.19%
Date
Dec 2006
Dec 2007
Dec 2008
Dec 2009
Spot Price
$638.00
$833.20
$878.30
$1096.50
Increase
+23.38%
+30.60%
+5.41%
+24.84%
Date
Dec 2002
Dec 2003
Dec 2004
Dec 2005
Spot Price
$4.80
$5.95
$6.81
$8.82
Increase
 
+23.96%
+14.45%
+29.51%
Date
Dec 2006
Dec 2007
Dec 2008
Dec 2009
Spot Price
$12.93
$14.77
$11.32
$16.48
Increase
+46.60%
+14.23%
-23.36%
+48.85%
Date
Dec 1998
Dec 2000
Dec 2002
Spot Price
$345.12
$598.47
$606.89
Increase
 
+73.4%
+1.4%
Date
Dec 2004
Dec 2006
Dec 2008
Spot Price
$884.49
$1104.53
$902.24
Increase
+45.7%
+24.9%
-18.4%
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