Daily Market Report 6/30/16

GOLD

After an increase of $101 per ounce in the month of June, Gold is consolidating in a narrow $10 high/low trading range today. Surprisingly, physical demand for Gold investment products continues to be strong, even in the summer. Concerns about Brexit are causing Gold/Silver buyers to get aggressive. At 11am PDT today, Gold is down $5, trading at $1,319 per ounce.

SILVER

The Silver price continues to outperform the Gold price, with another strong rally today. At 11am PDT today, Silver is trading at $18.60 per ounce, up $0.26 on excellent volume.

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