Weekly Market Report

For most of last week’s trading, Gold stayed above the key $4,200 per ounce level... Barry Stuppler

Gold traded last week between $4,036 to $4,224 per ounce, closing on the high of $4,224, up $144 for the week... Barry Stuppler

During the past four weeks, Gold has traded between $3,900 and $4,200 as it builds a firm base above the key $4,000 per ounce support level... Barry Stuppler

Gold moved above the key resistance level of $4,000 on Monday and reached a high of $4,240 by Thursday... Barry Stuppler

The price of Gold was $3,850 per ounce on October 1st... Barry Stuppler

At this point, the $4,000 level for Gold is very important... Barry Stuppler

During Gold trading in New York last Tuesday, the price of Gold dropped $250 per ounce, moving from $4,360 to $4,110 per ounce, the highest trading volume seen in years. In early Wednesday morning trading in China, Gold tested the key $4,000 per ounce support level, dropping to $4,003 before seeing massive bargain buying and short-covering... Barry Stuppler

Another exciting week for Gold investors, with Gold starting at $4,000 and increasing over $300 from Monday to Thursday... Barry Stuppler

Goldman Sachs just hiked their December 2026 forecast for Gold to $4,900 per ounce, and Bank of America is predicting that Gold will reach $6,000 by spring next year based on the debasement of the U.S. Dollar... Barry Stuppler

For the past seven weeks in a row, Gold has continued to climb, closing the week at another all-time high of $3,880 per ounce... Barry Stuppler