Daily Market Report 07/17/14

GOLD

Gold has rallied back above the important $1,300 per ounce resistance level today, trading between a high of $1,324.90 and a low of $1,300.90 per ounce. At 11am PDT today, Gold is up $16.60 per ounce, trading at $1,317.40 on normal volume.

SILVER

Silver did finally move back above the $21 per ounce resistance level today, reaching a high of $21.35 per ounce. At 11am PDT today, Silver is trading at $21.23 per ounce, up $0.34 on normal volume.