Daily Market Report 8/19/16

GOLD

Gold has been above and below the important $1,350 per ounce level all day. The Gold price continues to consolidate in the recent trading range. At 11am PDT today, Gold is trading at $1,345 per ounce, down $7 on light volume.

SILVER

Silver reached a low of $19.23 per ounce this morning, before bargain buying appeared. At 11am PDT today, Silver is down $0.35, trading at $19.40 per ounce on average volume.