Daily Market Report 11/7/16

GOLD

Today the U.S. Dollar and equity markets rallied as Gold dropped based on news that Hillary Clinton received an 11th hour boost by the FBI’s decision not to continue her email investigation. The FBI stated that upon further examination of emails there would be no criminal charges warranted. At 11am PDT today, Gold is trading at $1,281 per ounce, down $23 on heavy volume.

SILVER

Silver reached a low of $18.08 this morning based on the Clinton news. However, bargain buyers appeared causing a bear rally on good trading volume. At 11am PDT today, Silver is down $0.15 per ounce, trading at $18.25 per ounce on active volume.

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