Daily Market Report 6/29/16

GOLD

The Asian buyers came back this morning, taking the spot Gold price up to $1,328 per ounce. Buying remains strong in the European and U.S. physical and paper Gold markets. At 11am PDT today, Gold is trading at $1,324 per ounce, up $8.50 on good volume.

SILVER

The Silver price continues to outperform the Gold price, reaching a new 2016 high of $18.46 this morning. Physical demand is running at an all-time record high. At 11am PDT today, Silver is up $0.55 per ounce, at $18.34 per ounce on excellent volume.