Weekly Market Report

Many of the major players in the Gold market have been concerned about what would happen to all that Russian Gold that has been banned . . . . Barry Stuppler

Last week, from Monday to Thursday, most financial markets including precious metals traded in a narrow range. . . . Barry Stuppler

Gold was down every trading day last week, dropping $50 (3%) and closing on Friday at $1,748 per ounce. . . . Barry Stuppler

The Gold rally continues since reaching the 2022 low of $1,678 on July 21st. . . . Barry Stuppler

In ten trading days from July 21st, when gold reached a new 2022 low of $1,678 per ounce, gold rallied over $100. . . . Barry Stuppler

July was an extraordinary month for gold and silver investors. . . . Barry Stuppler

Last Thursday morning, during European trading, Gold reached a low of $1,678 per ounce. . . . Barry Stuppler

Over the past 3 months, the price of Gold has gone from $1,974 to $1,704 per ounce . . . . Barry Stuppler

Last week was full of weak economic and strong inflation news from Europe, Asia, and the United States . . . . Barry Stuppler

Last week was truly terrible for Gold investors, with Gold hitting a low of $1,783.40 per ounce . . . . Barry Stuppler