Daily Market Report 6/21/16

GOLD

The latest poll from Great Britain is showing that British citizens are going to vote to stay in the European Union (Brexit) on Thursday. That poll caused Gold to sell-off, reaching a low of $1,265 per ounce before major buying appeared. At 11am PDT today, Gold is down $18, trading at $1,270 per ounce on heavy volume.

SILVER

Silver sold off with Gold, reaching a low of $17.18 per ounce. Physical demand for Silver investment coins remains strong, with the U.S. Mint selling 24,795,000 1oz Silver Eagles to date. At 11am PDT today, Silver is trading at $17.30 per ounce, down $0.20 on excellent volume.