Daily Market Report 10/25/16

GOLD

Gold continues its move back towards the $1,300 per ounce resistance level. Gold demand is picking up in both the physical and futures markets. At 11am PDT today, Gold is trading at $1,273 per ounce, up $10 on excellent volume.

SILVER

Silver followed Gold’s rally, reaching a high of $17.83 per ounce. $18 per ounce is an important resistance level for Silver and it could easily be reached by later this week. At 11am PDT today, Silver is up $0.17 per ounce, trading at $17.78 on good volume.