Daily Market Report 1/17/17

GOLD

The 2017 Gold rally continues. A weaker U.S. Dollar and bond yields, combined with fresh Asian buying, took Gold to $1,219 per ounce in early trading. At 11am PST today, Gold is trading at $1,213 per ounce, up $17 on excellent volume.

SILVER

This morning there was heavy Silver buying in Asian, Middle Eastern, and European markets. Silver reached a high of $17.24 per ounce before seeing some light short term profit taking. At 11am PST today, Silver is up $0.32, trading at $17.10 per ounce on good volume.