Daily Market Report 6/16/15

GOLD

Gold traded today in a narrow range from $1,176 to $1,188 per ounce on average volume. There is excellent demand when the price moves below $1,180. At 11am PDT today, Gold is trading at $1,182 per ounce, down $4 on average volume.

SILVER

Silver continues to trade above and below the important $16 per ounce price level. Today, Silver reached a low of $15.87 per ounce before bargain buyers appeared. At 11am PDT today, Silver is down $0.07 per ounce, trading at $16.05 per ounce on normal volume.