Daily Market Report 07/09/14

GOLD

Déjà vu all over again, as Gold continues to consolidate in its new and higher trading range between $1,305 and $1,332 per ounce. This morning, the high/low price range was only $10, from $1,317 to $1,327 per ounce. At 11am PDT today, Gold is trading $1,323 per ounce, up $6 per ounce on average volume.

SILVER

Silver spent most of this morning’s trading session above $21 per ounce, while firming up the support level. There was some short term selling around $21.22 per ounce. At 11am PDT today, Silver is up $0.05 per ounce, trading at $21.05 per ounce on normal volume.