Daily Market Report 9/14/15

GOLD

This morning Gold is trading in a very narrow $6 high/low range from $1,110 to $1,104 per ounce. Traders are in a holding pattern waiting for this week’s interest rate announcement from the Federal Reserve. At 11am PDT today, Gold is trading at $1,108, up $3.50 on average volume.

SILVER

Silver has broken down below the recent $14.50 per ounce support level this morning. Silver hit a low of $14.35 per ounce in early Asian trading before bouncing back $0.06. At 11am PDT today, Silver is down $.10 per ounce, trading at $14.42 on normal volume.