Daily Market Report 6/25/15

GOLD

Gold continues to consolidate by trading in a very narrow $7 high/low price range. Today’s Gold price high was $1,178 with a low of $1,171 per ounce. Many traders are waiting for this weekend’s decision on the Greek debt problem. At 11am PDT today, Gold is trading at $1,173, down $2 per ounce on average volume.

SILVER

Silver tested the important $16 per ounce support/resistance level this morning and failed. Silver is following Gold and trading in a narrow trading range. At 11am PDT today, Silver is unchanged, trading at $15.90 on normal volume.