Daily Market Report 5/25/16

GOLD

After breaking below the $1,250 per ounce support level yesterday, Gold is trying to establish a new short term trading range. Gold did hit a low of $1,217 per ounce in early Asian trading before finding bargain buying. At 11am PDT today, Gold is trading at $1,224, down $6 per ounce on average volume.

SILVER

Silver is showing better price support than Gold. At 11am PDT today, Silver is up $0.06 per ounce, trading at $16.30 on excellent volume.

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