Daily Market Report 3/14/16

GOLD

This morning, as stock markets and the U.S. Dollar gained, the price of Gold mostly traded between $1,240 and $1,250 per ounce. Precious metal traders are looking ahead to the closely watched policy statements from the U.S. and Japanese central banks later this week. At 11am PDT today, Gold is trading at $1,241 per ounce, down $9.50 on excellent volume.

SILVER

Silver traded as high as $15.84 before selling off with Gold. The Silver price is behaving better than Gold, as it is showing excellent buying around the $15.50 per ounce level At 11am PDT today, Silver is down $0.12, trading at $15.48 per ounce on active volume.