Yesterdays Elections Didnt Bring Any Surprises

GOLD

Yesterday’s election didn’t bring any surprises, as the results were widely expected. Now that the election is behind us, the financial markets have eliminated the unknown, and are back to normal. Gold and Silver prices are virtually unchanged. At 11am PDT today, Gold is trading at $1,227 per ounce, up $1 on average volume.

SILVER

Silver tested the $14.50 per ounce support level again this morning, reaching $14.46. Like yesterday, buyers appeared and the price quickly move back above the support level. At 11am PDT today, Silver is up $0.05 per ounce, trading at $14.58 on normal volume.

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