Daily Market Report 1/10/14

GOLD

Gold got back on its bullish track this morning with strong physical demand continuing to be reported from Asia and the Middle East. Also, today’s jobs report that the US economy only created 74,000 jobs last month was a positive for Gold prices. Economists had forecast that the US economy generated 197,000 jobs. The unemployment rate fell to 6.7 per cent from 7 per cent. At 11am PDT today, Gold is up $16, trading at $1,247 an ounce on above average volume.

SILVER

Silver followed Gold’s lead today after the jobs report was released. As Gold rallied, Silver followed suit and moved back above the key $20 per ounce level on excellent volume. At 11am PDT today, Silver is trading at $20.21, up $0.50.

Pre-order 2014 First Strike Silver Eagles

Stuppler & Company is now accepting orders for 1st Strike U.S. 2014 Silver Eagles at only $4.19 over spot in lots of up to 499, and $3.99 over spot for 1st strike in the Green Monster box (500 coins).

You can lock in today’s low Silver price for delivery early in 2014. Call or email me at 888-454-0444 or [email protected].