Daily Market Report 06/30/14

GOLD

Gold continues to show excellent price support and increasing accumulation. I am excited about this Week’s Market Report, as I am saying that the Gold market is moving into a bullish stage and will be moving up.

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Today, Gold tested the $1,310 level and quickly rallied on excellent demand to move back to $1,322 per ounce. At 11am PDT today, Gold is trading at $1,321 per ounce, up $2 per ounce on excellent volume.

 

SILVER

Silver tested the $21 per ounce support level this morning, reaching a low of $20.75 per ounce. At the lows of the day, the demand increased and the Silver price quickly moved back to the $21 per ounce level. At 11am PDT today, Silver is unchanged, trading at $21.10 per ounce on good volume.

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