Daily Market Report

GOLD The U.S. economy keeps running along with an additional 161,000 new jobs reported for October. But with only four days remaining to the election, it remains the key issue that is effecting the price of Gold and Silver. I would recommend reading this article Gold May Be the Only Winner in US Elections. At 11am PDT today, Gold trading...

GOLD Gold has been trading above and below the important $1,300 per ounce resistance/support level all day. The focus of many precious metal traders is on the election polls which recently has been favorable for Donald Trump, driving the Gold price higher. At 11am PDT today, Gold is trading at $1,301 per ounce, down $3 on active volume. SILVER Silver...

GOLD Gold has moved above the important $1,300 per ounce resistance level after recent results show Donald Trump narrowing in on Clinton’s lead in election polls. We’re also waiting until 11am PDT for the Fed to announce their update on how they want to affect interest rates. This can certainly affect the value of the U.S. Dollar and Gold depending...

GOLD Gold rallied today on a weaker U.S. Dollar and new presidential polls showing an improvement for Donald Trump election chances. Gold reached a high of $1,291.30 this morning before seeing short term profit taking. At 11am PDT today, Gold is trading at $1,287 per ounce, up $13 on excellent demand. SILVER In early trading today, Silver moved above the...

GOLD Today Gold traded within a narrow $8 high/low price range, between $1,279 and $1,271 per ounce. The U.S. 3rd quarter Gross Domestic Product (GDP) positive numbers were released late on Friday. Our economy grew by 2.9%, the fastest pace in the past two years. At 11am PDT today, Gold is trading at $1,274, down $8 per ounce on average...

GOLD Gold moved up $13 after reports of new Clinton emails that may affect her election chances. In my 10/31/16 Weekly Market Report, I will provide my opinion of how the presidential election results will affect the prices of Gold and Silver. At 11am PDT today, Gold is up $11, trading at $1,282 per ounce on excellent Friday volume. SILVER...

GOLD We are now ending the third week in a row that Gold has traded between $1,250 and $1,275 per ounce. This consolidation is very supportive of a major rally as we move into November. At 11am PDT today, Gold is trading at $1,269, up $2 per ounce on normal volume. SILVER Silver, like Gold, has been trading in a...

GOLD Gold is trading in a narrow $12 high/low range today between $1,276 and $1,264 per ounce. Traders continue to wait for news from the Federal Reserve or on the presidential election. At 11am PDT today, Gold is down $6, trading at $1,267 per ounce on normal volume. SILVER Silver sold off this morning, reaching a low of $17.55 before...

GOLD Gold continues its move back towards the $1,300 per ounce resistance level. Gold demand is picking up in both the physical and futures markets. At 11am PDT today, Gold is trading at $1,273 per ounce, up $10 on excellent volume. SILVER Silver followed Gold’s rally, reaching a high of $17.83 per ounce. $18 per ounce is an important resistance...

GOLD Gold opened unchanged in Asia and traded in a narrow $8 range as it moved into the Middle East and Europe. $1,260 per ounce is showing to be an excellent support level. At 11am PDT today, Gold is trading at $1263, up $4 on above average volume. SILVER Silver reached a high this morning of $17.89 per ounce before...