Daily Market Report

GOLD Gold stayed in a tight trading range most of the day as the U.S. continues to stay strong at $1.16 to the Euro. Gold trading today ranged from $1,210 to $1,220 per ounce on average volume. At 11am PST today, Gold is trading at $1,218 per ounce, up $9 on average trading volume. SILVER Silver continues to show sizeable...

GOLD As the U.S. Dollar continues its rally, reaching a 7 year high today versus the Euro, Gold is holding well. Gold continues to show excellent support above the $1,200 per ounce support level. At 11am PST today, Gold is trading at $1,209 per ounce, down $4 on active trading. SILVER Silver continues to show sizeable worldwide demand at current...

GOLD Gold has started the year on a good foot, moving past $1,210 per ounce on fresh demand. With the U.S. Dollar reaching $1.16 to the Euro (a new 2013-14 record for the US Dollar), Gold has been trading in a tight $10 high/low price range from $1,219 to $1,209. At 11am PST today, Gold is trading at $1,211 per...

GOLD Gold has started the year on a good foot, moving past $1,210 per ounce on fresh demand. The price of Gold rose against ALL currencies in 2014 — except for the US dollar. Yes, Gold was up in the Euro, Japanese Yen, Swiss Franc, Canadian Dollar, British Pound, Australian Dollar, New Zealand Dollar, Chinese Renminbi, Indian Rupee, Swedish Krona...

GOLD Gold moved back above the key $1,200 resistance level today as equity prices dropped around the world. At 11am PST today, Gold is up $14 per ounce, trading at $1,202 per ounce on average volume. SILVER Increasing demand for physical Silver drove up the Silver market today, as Silver crossed back above the important $16 per ounce level. At...

GOLD Gold fell today because professional traders, hedge, and mutual fund traders needed to flatten out there precious metal holdings for year end. At 11am PST today, Gold is trading at $1,180 per ounce, down $21 from yesterday on light volume. SILVER Silver could not stay above the key $16 per ounce resistance level today. At 11am PDT today, Silver...

GOLD Gold rallied sharply higher this morning, reaching $1,210 per ounce, as the U.S. Dollar weakened and many of the world’s equity markets closed lower. Increasing tensions between Russia and western countries also increased the demand for Gold. In November, China’s Gold imports from Hong Kong rose to their highest level since February, indicating strong demand from the world’s top...

GOLD The Gold price rallied last Friday on light volume, testing the $1,200 per ounce resistance level but quickly returned to the $1,180 level this morning. The U.S. Dollar remains strong, trading at under $1.20 per Euro. At 11am PST today, Gold is trading at $1,183 per ounce on average holiday-week volume. SILVER Silver is having a difficult time rallying...

GOLD During today’s shortened trading day Gold traded in a narrow $8 High/Low price range from $1,173 to $1,181 per ounce. Trading volume was very low which was expected on the day before the Xmas holiday. At 11am PST today, Gold is at $1,175 per ounce, unchanged from yesterday. SILVER Silver traded very quietly today, in a narrow range on...

GOLD As the U.S. Dollar rallied to an eight year high versus the Euro, Gold held firmly above the $1,175 per ounce level. Trading volume on the Gold exchanges around the world is lightening up as we approach the holidays. At 11am PST today, Gold is trading at $1,177 per ounce, up $2 for the day on average volume. SILVER...