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Archive for: Silver Markets

Daily Bullion Market Update 11/07/11

Daily Bullion Market Update 11/07/11

By Barry Stuppler – MintStateGold.com GOLD Up Up and away….We have gold up $37.10 per ounce at 11am PDT, trading at $1,791 per ounce on very active trading. German newspapers reported over the weekend that leaders at the Group of... read more »

 

Daily Bullion Market Update 11/4/11

Daily Bullion Market Update 11/4/11

By Barry Stuppler – MintStateGold.com GOLD Gold sold off $10.60 this morning over disappointment from not hearing any positive news coming out of Cannes, France, where the Group-20 leaders are meeting. Another poor Jobs report was... read more »

 

Daily Bullion Market Update 11/3/11

Daily Bullion Market Update 11/3/11

By Barry Stuppler – MintStateGold.com GOLD The interest rate cut by the European Central Bank today started a gold rally in Europe this morning, which continued into U.S. trading. As of 11am PDT today, gold is trading at $1,764.50,... read more »

 

Daily Bullion Market Update 11/2/11

Daily Bullion Market Update 11/2/11

By Barry Stuppler – MintStateGold.com GOLD Yesterday was an extraordinary trading day for gold. The value of the U.S. Dollar increased 4% versus the Euro, and gold sold off to $1,680 per ounce, then rallied to close up for the day at... read more »

 

Daily Bullion Market Update 10/31/11

Daily Bullion Market Update 10/31/11

By Barry Stuppler – MintStateGold.com GOLD With gold trading at $1,726.50 today at 11am PDT, we end the month with a $104.20 per ounce increase. Gold is down $19 on the day, and showed excellent support in the $1,715 area this early... read more »

 

Daily Bullion Market Update 10/28/11

Daily Bullion Market Update 10/28/11

By Barry Stuppler – MintStateGold.com GOLD Gold demand in overseas and domestic markets continues to be strong. Floor traders are now buyers on dips, compared to sellers on rallies early last week. At 11am PDT, gold is trading at $1,745.50,... read more »

 

Daily Bullion Market Update 10/27/11

Daily Bullion Market Update 10/27/11

By Barry Stuppler – MintStateGold.com GOLD Up another $20 today, and at 11am PDT is trading at $1,745.50. The European Leaders have developed a deal that has driven up the markets around the world. A combination of discounting Greek... read more »

 

Daily Bullion Market Update 10/26/11

Daily Bullion Market Update 10/26/11

By Barry Stuppler – MintStateGold.com GOLD Gold just broke out above the $1600 to $1697 trading range it was well established in for the past 30 days. Currently, at 11am PDT, Gold is trading at $1,725.50, up $25.10 for the day. I believe... read more »

 

Daily Bullion Market Update 10/25/11

Daily Bullion Market Update 10/25/11

By Barry Stuppler – MintStateGold.com GOLD Gold is off and running again, breaking above the ever important $1,700 psychological resistance level. This could be the start of our yearend rally, taking gold above September’s $1,920... read more »

 

Daily Bullion Market Update 10/24/11

Daily Bullion Market Update 10/24/11

By Barry Stuppler – MintStateGold.com GOLD Gold is up today on market confidence that the latest European Union summit is coming up with a workable plan by Wednesday. Gold is trading at $1,651.60, up $16.10 per ounce on very active... read more »

 

Daily Bullion Market Update 10/19/11

Daily Bullion Market Update 10/19/11

By Barry Stuppler – MintStateGold.com GOLD At 11am PDT, Gold is trading at $1,646.90, down $9.50 per ounce on moderate volume. The gold market traded on a thin $22 price range awaiting firm news and hopefully a solution from European... read more »

 

Daily Bullion Market Update 10/18/11

Daily Bullion Market Update 10/18/11

By Barry Stuppler – MintStateGold.com GOLD Gold’s price resilience was very impressive this morning. On negative European debt crisis news, gold sold off, at one point reaching $1,627.50 per ounce, while driving up the U.S. Dollar’s... read more »

 

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 »

 

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 »

 
 
 
 
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