Archive for: Precious Metals

Daily Bullion Market Update 10/17/11

Daily Bullion Market Update 10/17/11

By Barry Stuppler – MintStateGold.com GOLD Based on the news coming out of Europe, the gold market has moved from $1,667 to $1,697 per ounce. The trading action is very supportive with resistance at $1,700. Most traders and technical... read more »

 

Daily Bullion Market Update 10/14/11

Daily Bullion Market Update 10/14/11

By Barry Stuppler – MintStateGold.com GOLD The recent price action for gold has been very stable and bullish. Gold continues to show excellent support and demand at the $1,660 area. I believe we will see gold break above $1,700 per... read more »

 

Daily Bullion Market Update 10/13/11

Daily Bullion Market Update 10/13/11

By Barry Stuppler – MintStateGold.com GOLD Gold trading over the past two weeks is looking very firm. While a trading range of $1,625 to $1,691 seems to be holding, there’s news on the horizon that should cause an upside breakout. Physical... read more »

 

Daily Bullion Market Update 10/12/11

Daily Bullion Market Update 10/12/11

By Barry Stuppler – MintStateGold.com GOLD Off and running again, Gold demand is building in Asia, physical shortages are being reported in Singapore and premiums on bullion coins and bars have increased. At 11am PDT Gold was up $20.40... read more »

 

Daily Bullion Market Update 10/11/11

Daily Bullion Market Update 10/11/11

By Barry Stuppler – MintStateGold.com GOLD In late trading Monday, the gold price reached $1,685 before we saw some light profit taking. Global gold demand is still strong with the market trading overnight in the $1,655 to $1,685 price... read more »

 

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 »

 

The Coin Analyst: Precious Metals Rebounding After Recent Decline

The Coin Analyst: Precious Metals Rebounding After Recent Decline

by Louis Golino for Coin Week Gold, silver, and platinum have begun to rebound, but the financial media continues to run articles suggesting gold’s bubble has burst with more declines coming. For example, on October 4 the Financial Times of... 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 »

 

The Coin Analyst: Why Did Gold and Silver Sell Off?

The Coin Analyst: Why Did Gold and Silver Sell Off?

By Louis Golino for Coin Week During the week that ended September 23, gold and silver saw their biggest declines in decades. Gold suffered its largest one day drop (5.9%) in five years, and for the week it lost 10%, the most since the early... read more »

 
 
 
 
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