Daily Market Report 12/23/16

GOLD

Gold has moved up slightly this morning on news of banking problems in the European common market. During the next three days, there will be limited trading in the precious metal markets around the globe. At 11am PST today, Gold is trading at $1,132 per ounce, up $3 on low volume.

SILVER

After not holding above the key $16.00 per ounce support level yesterday and this morning, Silver has sold off again, reaching a low of $15.67 per ounce. At 11am PST today, Silver is down $0.08 per ounce, trading at $15.75 on light volume.