Daily Market Report 06/03/14

GOLD

After six straight days of decline, Gold is finding strong demand in the $1,240 per ounce price level. During trading today, Gold has stayed in a tight $8 range, from $1,248 to $1,240 per ounce. At 11am PDT today, Gold is trading at $1,245, up $2 per ounce.

SILVER

In early trading, Silver was able to reach $18.96 before seeing short selling or profit taking. At 11am PDT today, Silver is up $0.05, trading at $18.80 per ounce.