Daily Market Report 6/29/15

GOLD

This morning Gold quickly rallied $10 per ounce on the escalation of the Greek debt crisis, but it was short lived as a strong U.S. Dollar versus the Euro drove it back to unchanged. At 11am PDT today, Gold is trading at $1,180 per ounce, up $5 per ounce on excellent volume.

SILVER

Silver tested $16 per ounce, reaching $16.03 in early morning trading when Gold rallied. However, when Gold sold off, Silver quickly moved lower, reaching $15.67 before buying appeared. At 11am PDT today, Silver is down $.08 per ounce, trading at $15.75 per ounce on excellent volume.