Daily Market Report 2/10/15

GOLD

Gold opened in Asian higher this morning, trading at $1,246 before selling appeared. The market tested $1,230 and held well on good volume. At 11am PST Today, Gold is trading at $1,234 per ounce, down $8 per ounce on excellent trading volume.

SILVER

Silver is fighting to stay above the $17 per ounce level today. It’s been as low as $16.72 and as high at $17.14 per ounce. Demand is good, but many professional traders like shorting Silver and rallies. At 11am PST today, Silver is down $0.10, trading at $16.95 per ounce on excellent volume.