Daily Market Report 11/8/16

GOLD

For most of today Gold has traded between $1,273 and $1,283 per ounce. Most precious metal traders are focused on the presidential election to give them a short-term direction. At 11am PDT today, Gold is trading at $1,275 per ounce, down $6 on average volume.

SILVER

This morning Silver has been showing a little more demand than Gold. Silver found excellent support above $18.15 this morning. At 11am PDT today, Silver is up $0.09 per ounce, trading at $18.34 per ounce on excellent volume.