Daily Market Report 4/15/15

GOLD

After hitting $1,188 per ounce in Europe this morning, fresh Gold buying appeared. The demand drove the price of Gold back above the key $1,200 resistance level. The tug-of-war between the Gold bulls and bears continues, while the price consolidates in the $1,200 area. At 11am PDT today Gold is trading at $1,202 per ounce, up $9 on excellent volume.

SILVER

Silver moved higher along with Gold this morning after testing the $16.00 per ounce support level. At 11am PDT today, Silver is up $0.10 per ounce, trading at $16.35 per ounce on average volume.