Daily Market Report 1/14/16

GOLD

Gold reached a high of $1,095 in early morning Asian trading. At that point sellers appeared driving the price lower. A strong equity market and U.S. Dollar contributed to the decline. At 11am PST today, Gold is trading at $1,073 per ounce, down $18 on average volume.

SILVER

Silver sold off with Gold, reaching support at $13.74 per ounce. Bargain buying appeared and the volume has picked up. At 11am PST today, Silver is down $0.35 on normal volume.