Weekly Market Report

Last week Gold traded between $1,865 and $1,885 per ounce on relatively low trading volume. The on-again, off-again. . . .Barry Stuppler

Last week Gold traded between $1,822 and $1,875 per ounce, closing at $1,836 per ounce, basically unchanged. . . .Barry Stuppler

December started with both Gold and Silver back on their bullish track. With a good chance of a $908 billion. . . .Barry Stuppler

Last Friday, Gold closed at $1,782 per ounce, down $90 (4.8%) for the week. Breaking below the key $1,800 support. . . .Barry Stuppler

Last week, Gold traded from a low of $1,850 to a high of $1,898, closing at $1,872, down $13 per ounce for the week. . . .Barry Stuppler

Last week started with Gold dropping $97 on Monday after the release of the coronavirus vaccine news from Pfizer Inc. . . .Barry Stuppler

Last week, Gold rallied a whopping $72 per ounce, closing the week at $1,951 on excellent trading volume. This is the highest price for Gold since Sept. 18th . . . .

After breaking the $1,900 support level last Wednesday, Gold reached a low of $1,859 before starting a rally. . . .Barry Stuppler

On all five trading days last week, Gold closed between $1,901 and $1926 per ounce. That is an excellent example. . . .Barry Stuppler

Last Friday, Gold closed at $1,901 per ounce, down $19 for the week, but still up $386 since the beginning of 2020. . . .Barry Stuppler