Daily Market Report 12/14/16

GOLD

The markets wait in anticipation for the Fed report to be released at 11am PST. Gold regained its losses yesterday and is back up, but on very light volume. At 11am PST today, Gold is trading at $1162 per ounce, up $4 on low volume.

SILVER

We are back over the $17 level again as we continue to test this resistance level. The Fed meeting could affect Silver as well, but I do see a fairly normal amount of trading already happening, prior to the Feds report being released. At 11am PST today, Silver is trading at $17.18 per ounce, up $0.25 on average volume.