Gold trading above and below support level<br />Daily Market Report 6/19/17

GOLD

A firmer U.S. Dollar and a slight increase in interest rates has caused Gold to trade between $1,245 and $1,255 per ounce, which is above and below the important $1,250 per ounce support level. At 11am PDT today, Gold is trading at $1,247 per ounce, down $7 on light volume.

SILVER

Silver tested its $16.50 support level this morning and held. For most of today, trading has been in the $16.60 to $16.70 price range. At 11am PDT today, Silver is down $0.14 per ounce, trading at $16.58 on average volume.