Gold continues to build excellent base<br />Daily Market Report 4/21/17

GOLD

Gold opened higher in Asian trading and moved a little higher in European and U.S. markets. Gold continues to build an excellent base above $1,280 per ounce. I still believe we will see the first attempt at breaking the $1,300 level by month end. At 11am PDT today, Gold is up $6 per ounce, trading at $1,286 on average volume.

SILVER

It’s beean an interesting day for Silver traders. Rarely will you see the Gold & Silver price going in opposite directions. While the Gold price was firm above $1,280 per ounce, Silver tested its $18 per ounce level and didn’t hold, reaching a low of $17.80 before bargain buyers appeared. At 11am PDT today, Silver is trading at $17.90 per ounce, down $0.12 on normal volume.