Daily Market Report 05/16/14

GOLD

In typical Friday type trading, the Gold market stayed within a $10 price range ($1,288 to $1,298) on light volume. At 11am PDT today, Gold is trading at $1,293, down $3 per ounce on light weekend volume.

SILVER

The Silver price has been weak since the market opened, trading as low as $19.24 per ounce. At 11am PDT today, Silver is down $0.17 per ounce, trading at $19.30 per ounce on light volume.