Daily Market Report 3/13/15

GOLD

Friday’s have not been a particularly good day for precious metal prices recently. However, today the strong Asian physical demand has offset the speculative selling in the world’s commodity exchanges. Gold has shown extraordinary support/demand at the $1,150 per ounce price level. At 11am PDT today, Gold is trading at $1,155 per ounce, up $0.78 on good volume.

SILVER

Silver continues to show excellent demand and price support at the $15.50 per ounce level. At 11am PDT today, Silver is trading at $15.56, down $0.02 on normal volume.