Daily Market Report

Gold is showing a little consolidation between $1,305 and $1,314 per ounce . . . .

Gold closed above the $1,300 resistance level yesterday and has traded in the $1,326 to $1,312 range for most of the day . . . .

Gold hit a 10-month high in midday trading as it burst above the $1,300 level and never looked back . . . .

Gold saw some slight profit taking in early trading today but remains steady . . . .

Gold is holding its own today, trading in the $1,284 to $1,291 range . . . .

Gold is up again today, rallying to a 2-month high as it continues to test $1,300 . . . .

Gold opened higher this morning and briefly broke above the $1,300 resistance level in early trading for the first time this year . . . .

Gold is continuing its move higher, hitting a high of $1,290 earlier today . . . .

Gold is holding its own today, briefly dipping below the $1,270 support level this morning but quickly rebounding . . . .

After hitting a 9-week high last Friday, Gold is seeing some normal profit-taking . . . .