Weekly Market Report

During November, we saw increased Gold demand and higher trading volumes on many of the world’s largest commodity exchanges . . . . Barry Stuppler

November has been a great month for Gold, up $83.00 per ounce so far, closing at $1,864 last Friday . . . . Barry Stuppler

Gold hits a two-month high early today of $1,827 per ounce . . . . Barry Stuppler

Gold ended October at $1,783 per ounce, up $27 for the month, but under the key $1,800 price level . . . . Barry Stuppler

Last week was the fourth week in a row that Gold increased in price . . . . Barry Stuppler

Last week we saw a lot of volatility in the precious metal markets . . . . Barry Stuppler

Last Friday it was reported that U.S. employers added just 194,000 new jobs in September, well below expectations . . . . Barry Stuppler

Gold sold off early last week, reaching a low of $1,721 in early Asian and European trading Thursday. As trading rolled out of Europe and into the U.S., the buyers and volume came back . . . . Barry Stuppler

Last week Gold tested the $1,750 level on both Thursday and Friday, reaching a low of $1,737.50 before finding sizeable buying from central banks and bargain buyers. . . . Barry Stuppler

With our U.S. Dollar making a one month high of 93.23 and a Federal Reserve announcement being released this week . . . . Barry Stuppler