Daily Market Report 09/09/14

GOLD

The gold bears made a move on gold this morning, driving down the price below the $1,250 support level, reach to $1,247 per ounce.

At that point volume picked up and gold rallied to back above the $1,250 level.

At 11am PDT today, gold is trading at $1,251 per ounce, down $5 per ounce in active trading.

SILVER

Silver reached a low of $18.85 per ounce this morning, below the $19 support level.

At 11am PDT today, silver Is down $0.06, trading at $18.96 per ounce.