Daily Market Report 7/27/16

GOLD

This morning Gold opened higher, reaching a high of $1,329 per ounce. After the Federal Reserve press release announced no change in interest rates, Gold dropped $4 in active trading. At 11:10am PDT today, Gold is trading at $1,322 per ounce, up $2 on active volume.

SILVER

Silver finally broke back above the key $20.00 resistance level, reaching $20.14 per ounce. After the Fed’s announcement, Silver moved below $20 per ounce. At 11:10am PDT today, Silver is up $0.22 per ounce, trading at $19.86 on excellent volume.