Daily Market Report

Silver is surprisingly showing more price support than Gold today. Silver again reached a high of $14.80 . . . .

A weaker U.S. Dollar has given support to the price of Gold today . . . .

As the volatility increases in the equity markets, the Gold price continues to trade between $1,241 and $1,249 per ounce . . . .

Concerns over U.S.-China trade talks and Brexit are keeping pressure on the world’s equity markets . . . .

A weaker U.S. Dollar index, a declining equity market, and lower interest rates equal higher Gold prices . . . .

As the equity markets are getting pummeled, Gold is doing what it is supposed to as a safe haven investment . . . .

Many of the financial markets are closed today because of former President Bush’s funeral, however Gold is trading oversees and has moved slightly lower . . . .

Interest rates are falling – 10-year Treasuries are at 2.93%, down from 3.11% two weeks ago . . . .

The Gold markets are reacting to the positive Chinese tariff news from Argentina and quickly increased $12 per ounce (1%), trading at $1,234 . . . .

Surprisingly, Silver tested the $14 per ounce support level in early trading this morning, and held . . . .