daily gold prices

During Asian trading this morning, the Chinese government announced they were imposing 106 new U.S. product tariffs . . . .

After a sharp selloff in the U.S. equity markets and an excellent increase in the precious metals price yesterday, we are seeing a small correction . . . .

This morning in Asian Gold markets, there was excellent demand . . . .

Since it’s Good Friday and the start of Passover, the U.S. Markets are closed today . . . .

Gold is trading in a very tight $7 high/low range today, between $1,328 and $1,321 . . . .

The 4th quarter of 2017 GDP was revised today and in it increased to 2.9%. This caused the Gold price and stock markets to start moving lower . . . .

Yesterday Gold closed up $4 in the face of a 669 point increase in the Dow/Jones average . . . .

Gold reached a high of $1,356 per ounce, above the key $1,350 resistance level . . . .

After our President signed an executive order putting $60 billion worth of new tariffs on China, it appears the Asian financial markets are really concerned about a trade war . . . .

Between yesterday’s dovish statements by Federal Reserve Chair Powell and today’s Chinese trade tariffs from the White house, the volatility in the financial markets has increased dramatically . . . .