Daily Market Report 12/02/16

GOLD

Today, it was announced that the U.S. economy added 178,000 jobs in November. The unemployment rate fell to 4.6% from 4.9% the previous month. This news is normal for precious metals, but both Gold and Silver moved higher. At 11am PDT today, Gold is up $3, trading at $1,175 on average volume.

SILVER

Silver continues to find excellent price support above $16.50. Fresh buying appeared today in Asia and Europe moving the price above $16.70 per ounce. At 11am PDT today, Silver is trading at $16.73 per ounce, up $0.15 on good volume.