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Silver Tests $25 Support Level
Although the U.S. Dollar Index made a new 2021 high of 92.60, the Gold price showed excellent consolidation above $1,720 per ounce in Asian and European trading . . . . Barry Stuppler(Read More) -
US Dollar Index Reaches New 2021 High
The U.S. Dollar Index reached a 2021 high this morning of 92.30, which caused a sell-off in the Gold price . . . . Barry Stuppler(Read More) -
Silver Breaks Below $26 as US Dollar Index Remains Strong
Gold opened about $5 lower this morning, over concerns of Turkey hiring its central bank governor over the weekend . . . . Barry Stuppler(Read More) -
China & India Driving Up Demand For Gold
In spite of a higher Treasury 10-Year rate and a strong U.S. Dollar Index, the demand for Gold continues to drive up the price . . . . Barry Stuppler(Read More) -
Markets React To Fed's Policy
Federal Reserve Chairman Jerome Powell on Wednesday gave a greatly improved economic forecast . . . . Barry Stuppler(Read More) -
Markets Awaiting Direction From Federal Reserve
Gold is trading in a narrow range today, awaiting a Fed issued statement this afternoon, after the Federal Open Market Committee's meeting on future policy ends . . . . Barry Stuppler(Read More) -
Some Consolidation Is Good For Gold
The Gold price is base building today, trading between $1,726 and $1,742 per ounce . . . . Barry Stuppler(Read More) -
$1.9 Trillion Stimulus Causes Inflation Concerns
Gold showed excellent price support and demand this morning at above the $1,722 per ounce level . . . . Barry Stuppler(Read More) -
February's Producer Price Index Keeps Gold on Right Track
In early trading we saw the U.S. 10-Year Treasuries reached a high of 1.63% and the U.S. Dollar Index hit 91.94, which caused the price of Gold to decline, testing the $1,700 resistance level . . . . Barry Stuppler(Read More) -
Gold Trying To Build A Firm Base For Next Break-Out
The Consumer Price Index for February was released this morning and it showed a slowing of inflation . . . . Barry Stuppler(Read More)