Daily Market Report 3/31/17

GOLD

There was Asian selling in the Gold market overnight, driving the price down to $1,239 per ounce. When European and U.S. Gold markets opened, the Gold price started moving higher on good demand. At 11am PDT today, Gold is trading at $1,249 per ounce, up $3 on good volume.

SILVER

The Silver price continues to show excellent support over $18 per ounce. Silver hit a low of $18.03 per ounce when Gold sold off in Asia, but quickly recovered. Futures, options, and physical demand for Silver at the current price remains strong. At 11am PDT today, Silver is up $0.06 per ounce, trading at $18.23 on good volume.