Daily Market Report 9/24/13

GOLD

Based on a lack of Federal Reserve tapering, Barclay’s Bank believes Gold could reach $1,482 by next month. Gold opened lower today, reaching $1,305 per ounce, then rallied on excellent demand to close at the highs of the day.

At 11am PDT Today, Gold is trading at $1,324 per ounce, down $2 on the day on good volume.

SILVER

Silver showed excellent support at $21.30 per ounce in early Asian trading.

At 11am PDT Today, Silver is trading down $0.12 per ounce, closing at $21.74 per ounce on average volume.