Daily Market Report 10/28/16

GOLD

Gold moved up $13 after reports of new Clinton emails that may affect her election chances. In my 10/31/16 Weekly Market Report, I will provide my opinion of how the presidential election results will affect the prices of Gold and Silver. At 11am PDT today, Gold is up $11, trading at $1,282 per ounce on excellent Friday volume.

SILVER

Silver followed Gold this afternoon, reaching a high of $17.91 per ounce. I look for an important test of the $18 per ounce resistance level early next week. At 11am PDT today, Silver is trading at $17.85 per ounce, up $0.17 on good volume.