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Daily Bullion Market Update 10/10/11

Daily Bullion Market Update 10/10/11

By Barry Stuppler – MintStateGold.com GOLD German chancellor Angela Merkel and the President of France, Nicolas Sarkozy met this weekend in Berlin. After two days of discussions they finally reached an agreement on most of the key issues.... read more »

 

Daily Bullion Market Update 10/07/11

Daily Bullion Market Update 10/07/11

By Barry Stuppler – MintStateGold.com GOLD Early this morning, the Labor Department reported a September increase of 103,000 in non-farm jobs. The increase was larger than the 59,000 gain expected by Wall Street economists. The Stock... read more »

 

Daily Bullion Market Update 10/06/11

Daily Bullion Market Update 10/06/11

By Barry Stuppler – MintStateGold.com GOLD QE (Quantitative Easing) is in the news today as both the Bank of England and the ECB announce sizeable quantitative easing programs to re-capitalize banks. The programs are very similar to... read more »

 

Daily Bullion Market Update 10/05/11

Daily Bullion Market Update 10/05/11

By Barry Stuppler – MintStateGold.com GOLD There’s a Bull/Bear war occurring on the world’s commodity exchanges, and after hitting $1,595 per ounce in Asia, trading gold appears to have found support and increased demand. Gold’s... read more »

 

Daily Bullion Market Update 10/04/11

Daily Bullion Market Update 10/04/11

By Barry Stuppler – MintStateGold.com GOLD At 11am PDT Gold is trading at $1,616.80 per ounce, down $35.90 per ounce in heavy trading, wiping out yesterday’s gains. The strength of the dollar and liquidations due to equity margin calls... read more »

 

Daily Bullion Market Update 9/28/11

Daily Bullion Market Update 9/28/11

By Barry Stuppler – MintStateGold.com GOLD As the 17 Eurozone countries continue to vote on the debt bailout program, the gold market appears to have stabilized in a $1,600 to $1,675 trading range. Gold will benefit from increased investment... read more »

 

Daily Bullion Market Update 9/27/11

Daily Bullion Market Update 9/27/11

By Barry Stuppler – MintStateGold.com GOLD I’m back from Europe just in time to see the precious metal markets bottom out.  After trading as low as $1,535 per ounce in Asian trading Monday, it appears Gold has found support at $1,600... read more »

 

Daily Bullion Market Update 9/26/11

Daily Bullion Market Update 9/26/11

By Barry Stuppler – MintStateGold.com GOLD At 11am PDT, Gold is trading at $1,601.17, down $57.03 per ounce on strong trading. Today as we saw Europe open, Gold started to show support around the $1600 level on news of the European Union... read more »

 

Daily Bullion Market Update 9/14/11

Daily Bullion Market Update 9/14/11

By Barry Stuppler – MintStateGold.com GOLD At 11am PDT, Gold is trading at $1,823.80, up $0.40 per ounce on average volume with a tight $22.00 range. The downgrading of banks should be bullish for gold; however, I was told that since... read more »

 

Daily Bullion Market Update 9/13/11

Daily Bullion Market Update 9/13/11

By Barry Stuppler – MintStateGold.com GOLD At 11am PDT gold is trading at $1,823.40 up $13.20 per ounce on active trading in a narrow $24 range. Gold tested the $1,800 support level Monday, and today it held, then rallied back to $1,830.... read more »

 

Daily Bullion Market Update 9/12/11

Daily Bullion Market Update 9/12/11

By Barry Stuppler – MintStateGold.com GOLD Gold fell today as concern about a potential Greek default drove the dollar higher and some investors sold the metal to cover losses resulting from margin calls on the world’s equities markets.... read more »

 

Daily Bullion Market Update 9/09/11

Daily Bullion Market Update 9/09/11

By Barry Stuppler – MintStateGold.com GOLD One stimulus plan down, one to go. Last night we heard a fiscal stimulus plan from President Obama. Earlier today we heard that Federal Reserve Chairman Ben Bernanke will explore launching... read more »

 

Daily Bullion Market Update 9/08/11

Daily Bullion Market Update 9/08/11

By Barry Stuppler – MintStateGold.com GOLD Last night we saw sizeable Asian demand for gold and silver, which drove the markets higher.  Gold traded between $1,815 and $1865 per ounce with heavy trading action between $1835 and $1845... read more »

 

Daily Bullion Market Update 9/07/11

Daily Bullion Market Update 9/07/11

By Barry Stuppler – MintStateGold.com GOLD Long term owners of Gold need to understand and accept the increased volatility in the Gold price.  We saw a run up to $1,921 early Tuesday morning and a sell off to $1,791 in early Asian... read more »

 

Daily Bullion Market Update 9/06/11

Daily Bullion Market Update 9/06/11

By Barry Stuppler – MintStateGold.com GOLD Gold reached $1920.70 in early Tuesday Asian and European trading. Trading was extraordinarily active with very high volume on the electronic exchanges, before significant profit taking which... read more »

 

Daily Bullion Market Update 9/02/11

Daily Bullion Market Update 9/02/11

By Barry Stuppler – MintStateGold.com GOLD Are you ready for another run in Gold? A combination of no growth in the August employment numbers and continued problems with the Eurozone debt issues started a gold and silver rally in Asia,... read more »

 

Daily Bullion Market Update 9/01/11

Daily Bullion Market Update 9/01/11

By Barry Stuppler – MintStateGold.com GOLD Ahead of the holiday weekend, gold seems to be settling into a nice narrow trading range of $1810 to $1840 on average volume.  Lightening up on the volatility is healthy for any commodity... read more »

 

Daily Bullion Market Update 8/31/11

Daily Bullion Market Update 8/31/11

By Barry Stuppler – MintStateGold.com GOLD We are seeing increasing support for Gold in the $1,810 price area. Demand has increased in Asia, Europe, and the U.S. in the physical and futures gold markets.  This week’s volume is normal... read more »

 

Daily Bullion Market Update 8/30/11

Daily Bullion Market Update 8/30/11

By Barry Stuppler – MintStateGold.com GOLD At 11am PDT Gold is trading at $1,824.30, up $32.50 per ounce on good volume. Gold has traded in a healthy narrow $21 range today with excellent support overnight in Asia.  Gold prices rallied... read more »

 

Daily Bullion Market Update 8/29/11

Daily Bullion Market Update 8/29/11

By Barry Stuppler – MintStateGold.com GOLD This morning Gold saw some profit taking in Asia and Europe from Friday’s run up.  The Gold market dropped down to $1,778 before significant buying appeared.  It looks like gold is trying... read more »

 
 
 
 
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