Daily Market Report 6/19/15

GOLD

Gold has traded today in an amazingly tight $6 high/low price range. I hope that Gold will continue to stay above the important $1,200 next week. At 11am PDT today, Gold is trading at $1,202 per ounce (unchanged from Thursday’s close) on Friday type trading volume.

SILVER

Silver tested the important $16 per ounce level this morning, reaching a low of $15.93 per ounce. Silver then quickly rallied back above $16.00 per ounce. At 11 am PDT today, Silver is trading at $16.17 per ounce, up $0.02 per ounce on light volume.