Daily Market Report 9/11/15

GOLD

Gold tested its $1,100 per ounce support level this morning in early Asian trading. Gold reached a low of $1,098.70 before sizeable demand appeared driving the price back up to $1,110 per ounce. At 11am PDT today, Gold is trading at $1,104.50 per ounce, down $5.50 on average Friday volume.

SILVER

When Gold broke the $1,100 per ounce support level the Silver price retreated to $14.29 on light volume. When the Gold price rallied, Silver moved back up to $14.75 per ounce. At 11am PDT today, Silver is down $0.15 per ounce. trading at $14.52 per ounce on normal volume.