Daily Market Report 1/20/14

GOLD

No domestic Gold trading today because of the MLK holiday, just Asian and European markets earlier this morning. During that trading, Gold was steady in the $1,255 per ounce level, which is near its 6-week highs. Last week the GLD holding (paper Gold) added almost 4 metric tonnes to its holdings, signifying that there is renewed interest from mainstream investors in Gold. At 11am PDT today, we are quoting Gold at $1,258.50 per ounce up $6.50 from Friday on light volume.

SILVER

European and Asian Silver trading was in a narrow $.018 price range this morning on light volume. At 11am PDT today, we are calling Silver $20.33 per ounce, up $0.05 from Friday.

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].