daily gold prices

Early this morning the U.S. Dollar Index rallied and someone sold 10,000 December Comex 100-ounce contracts (valued at $1.2 billion) in New York . . . .

Concerns about the possibility of a trade war with China isn’t negatively affecting the financial markets . . . .

In the face of a stronger U.S. Dollar and a spike up in interest rates (U.S. 10-year note hitting 3.05%), Gold rallied today . . . .

The interest rate on the 10-Year U.S. Treasury just moved above 3%, signaling a strong chance the Federal Reserve will be raising interest rates soon . . . .

A weaker U.S. Dollar this morning lead to a $8 rally in the Gold price . . . .

Concerns about another $200 billion in Chinese tariffs caused a rally in the U.S. Dollar, and the equity and precious metals markets to sell off this morning . . . .

Gold did test the important $1,200 per ounce support level this morning....

A sell-off in the U.S. Dollar caused by talk of renewed Chinese trade discussions has driven Gold back over $1,200 per ounce . . . .

A strong U.S. Dollar caused gold to test its $1,190 support level . . . .

Gold is trading in the $1,191 to $1,198 range, as the bull/bear war continues . . . .