Daily Market Report 3/29/17

GOLD

Gold tested its important $1,250 per ounce support level, reaching a low of $1,247 this morning. Gold continues to consolidate in a narrow $7 trading range. At 11am PDT today, Gold is trading at $1,254 per ounce, down $1 on normal volume.

SILVER

Like Gold, Silver tested its support level of $18 per ounce this morning, hitting a low of $18.02 before major buyers appeared. Trading activity in the world’s Silver markets is looking good. At 11am PDT today, Silver is up $0.03 per ounce, trading at $18.20 on good volume.

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