Daily Market Report 10/26/16

GOLD

Gold is trading in a narrow $12 high/low range today between $1,276 and $1,264 per ounce. Traders continue to wait for news from the Federal Reserve or on the presidential election. At 11am PDT today, Gold is down $6, trading at $1,267 per ounce on normal volume.

SILVER

Silver sold off this morning, reaching a low of $17.55 before seeing bargain buyers. Trading volume continues to pick up for both physical Silver products and the futures market. At 11am PDT today, Silver is trading at $17.62 per ounce, down $0.16 on average volume.