Weekly Market Report

Whether a supporter or opponent of President Trump, you must agree that his recent statements about Greenland, the Panama Canal, the Gaza Strip, and tariffs are causing domestic chaos and worldwide concerns... Barry Stuppler

Gold hit a record high last Friday over the $2800 level, reaching a high of $2,811 on tariff fears and concerns over Trump’s Federal funding cuts and firings... Barry Stuppler

Unlike after President Trump’s election when Gold dropped $73 the next day, after Trump’s inauguration, Gold rallied $30 within four days... Barry Stuppler

Last week, although Gold didn’t start well, it ended the week after reaching a high of $2,723 on Wednesday... Barry Stuppler

After reaching a 2025 low of $2,625 per ounce on Jan. 2nd, Gold has increased $65 per ounce (2.5%)... Barry Stuppler

Last week, we saw the U.S. Dollar Index increase (over 109) and interest rates move higher... Barry Stuppler

Last week’s key U.S. economic indicators, Consumer Confidence Index, Durable Goods Orders, New Home Sales, and Jobless Claims all reported more bullish than had been anticipated... Barry Stuppler

Last week was definitely exciting, especially after Federal Reserve Chairman Powell’s news conference on Wednesday... Barry Stuppler

Last week was definitely exciting. It started with a $96 move on Monday, Tuesday, and Wednesday and ended the week with an $81 sell-off on Thursday and Friday.... Barry Stuppler

As anticipated, last week was a base building period for Gold with the precious metal trading between $2,614 and $2,660 per ounce... Barry Stuppler