Daily Market Report 4/25/16

GOLD

Gold is moving higher today, as the U.S. Dollar weakens versus the Euro and Yen. Traders are optimistic about the Federal Reserve statement due out later this week. At 11am PDT today, Gold is trading at $1,239 per ounce, up $9 on average volume.

SILVER

The sellers took the price of Silver down to $16.80 in early Asian trading, then the Silver bulls took control as trading moved into Europe and the U.S. Clearly the Silver price wants to stay above the $17 per ounce level. At 11am PDT today, Silver is up $0.18, trading at $17 per ounce on good volume.