Daily Market Report 6/24/15

GOLD

Gold traded today in a very narrow $9 high/low price range, with a high of $1,180 and a low of $1,171 per ounce. After a few days of consolidation, I would like to see Gold rally back above the $1,180 per ounce. At 11am PDT today, Gold is down $1, trading at $1,175 per ounce on good volume.

SILVER

Silver found excellent demand this morning in the $15.76 per ounce range. Silver then surprisingly rallied higher in the face of a lower Gold price. At 11am PDT today, Silver is trading at $15.90 per ounce, up $0.12 per ounce on excellent volume.