Daily Market Report 3/6/17

GOLD

This morning Gold has traded between $1,225 and $1,237 per ounce, showing excellent support while building a base above Friday’s close. At 11am PST today, Gold is trading at $1,228 per ounce, up $2 on heavy volume.

SILVER

Today we saw Silver try to move above the $18 per ounce resistance level, reaching a high of $17.97 in early trading. Silver did reach a low of $17.71 today before short covering and bargain buying appeared. At 11am PST today, Silver is up $0.04, trading at $17.84 per ounce, up $0.06 on heavy volume.