Daily Market Report 1/28/13

GOLD

Today Gold traded in a narrow sideways $10 high/low price range awaiting indications of Wednesdays Federal Reserve announcements. At 11am PDT, Gold was trading at $1,655 per ounce down $3 per ounce on average volume of trading.

SILVER

Silver followed Gold’s price direction most of the day, reaching a low of $30.70 per ounce at one point. At 11am PDT, Silver is down $0.32 per ounce, trading at $30.86 per ounce on average volume.