Daily Market Report 5/28/15

GOLD

This morning Gold tested its $1,180 per ounce support level in Asian markets, reaching a low of $1,180.80 per ounce. At that point bargain and technical buyers appeared, quickly causing the price to move up $10 per ounce. At 11am PDT today, Gold is up $1 per ounce, trading at $1,188 on average volume.

SILVER

Silver continues to show excellent physical buying and exchange support in the $16.60 per ounce level. At 11am PDT today, Silver is trading at $16.68 per ounce, unchanged from yesterday on normal volume.