Daily Market Report 04/14/14

GOLD

Today, Gold jumped to a three-week high, reaching $1,331 per ounce, as mounting tensions over the weekend in Ukraine resulted in increasing investor’s concerns. This boosted Gold’s appeal as a safe haven asset. At 11am PDT today, Gold is trading at $1,327 per ounce, up $9 per ounce on average volume.

SILVER

Considering today’s $9 Gold rally, the Silver price is not behaving well. Silver continues to have a problem staying above the key $20 per ounce level. At 11am PDT today, Silver is up $0.01, trading at $19.99 per ounce on light volume.