Daily Market Report 11/30/16

GOLD

With the U.S. Dollar continuing to make new highs, and the stock market’s rally, the Gold price sold off again today. Gold hit its recent $1.171 per ounce support level before rallying. Stay optimistic, there is great news on the horizon; please read the following two articles:

Trump meeting with ex-bank CEO who wants to abolish the Federal Reserve and return to gold standard

Major Financial Firms See $1,440 to $1,550 Gold in 2017

At 11am PDT today, Gold is trading at $1,176 per ounce, down $14 on active volume.

SILVER

Silver sold off with Gold this morning, but heavy buying keeps the price above $16.50. Heavy demand continues to come from Asian, Mid-Eastern and European markets. At 11am PDT today, Silver is down $0.15, trading at $16.55 per ounce on excellent volume.