Daily Market Report 3/10/17

GOLD

During the past 24 hours, Gold has traded above and below the key $1,200 per ounce level. There was active Gold trading in Asian, Middle Eastern, and European markets as bargain buyers appeared. At 11am PST today, Gold is trading at $1,203 per ounce, down $2 on excellent volume for a Friday.

SILVER

Silver hit a low of $16.83 in Asian trading early this morning. To stay long term bullish, Silver needs to move back above the key $17 per ounce resistance/support level by early next week. At 11am PST today, Silver is down $0.08 per ounce, trading at $16.96 on average volume.