Daily Market Report 6/10/15

GOLD

Gold moved higher this morning for the third straight session. Gold’s rally was helped by a weaker U.S. dollar and worries over the Greek debt crisis. At 11am PDT today, Gold is trading at $1,187, up $9 per ounce on excellent volume.

SILVER

Considering today’s $9 Gold rally, the Silver price disappointingly is not moving higher. Plus, the Silver/Gold ratio has moved to near a record high at over 74-to-1. At 11am PDT today, Silver is unchanged, trading at $16.02 per ounce on good volume.