Daily Market Report 1/19/16

GOLD

This morning Gold is consolidating in a $1,082 to $1,094 per ounce trading range on average volume. Traders were more interested in the Silver markets this morning. At 11am PDT today, Gold is trading at $1,090 per ounce, down $1 on normal volume.

SILVER

This morning there was excellent bargain buying in the Asian Silver markets, taking the price back above the key $14 per ounce level. At 11am PDT today, Silver is up $0.23, trading at $14.15 per ounce on excellent volume.