Daily Market Report 8/26/14

GOLD

We saw some bargain buying in the Gold market this morning from India and China, driving up the price of Gold to $1,290 at one point. The volume is still moderate to low, which is common for the summer months. At 11am PDT today, Gold is trading at $1,284.50, up $6.50 per ounce.

SILVER

Silver rallied with Gold, reaching a high of $19.70 per ounce before seeing selling. At 11am PDT today, Silver is up $0.05 per ounce, trading at $19.42 on light volume.