Weekly Market Report

Last week Gold got back on the bullish track reaching a high of $1,750 on Thursday. Gold closed the week at $1,735, up $45. . . .Barry Stuppler

Last week was a base building week for Gold, with the Gold price testing the important $1,700 per ounce support level. . . .Barry Stuppler

Gold closed at $1,715 per ounce, up $82 for the week with excellent demand. I expect to see more negative economic news this week. . . . Barry Stuppler

Last week, the world’s equity markets continue to move lower, while the Gold price continued to move higher. . . .Barry Stuppler

Last week, as the Federal Reserve provided unlimited funds to the equity markets and bank system. . . .Barry Stuppler

Last week the Federal Reserve threw the kitchen sink at the coronavirus crisis to prevent a liquidity disaster. . . .Barry Stuppler

The volatility in the world’s financial market which is being caused by concerns over the coronavirus continues to. . . .Barry Stuppler

The week before last, Gold dropped $82, while last week, the Gold price increased $105 per ounce. . . .Barry Stuppler

Last week was an extraordinary one with Gold making new 2020 highs of $1,690 per ounce, followed by. . . .Barry Stuppler

Concerns about the global economic fallout from the coronavirus is keeping market analysts up. . . .Barry Stuppler