Daily Market Report 10/5/15

GOLD

This morning Gold is holding last Friday’s rally, trading between $1,130 and $1,142 per ounce on excellent volume. This is surprisingly good in the face of a stronger U.S. Dollar and Stock Market today. At 11am PDT today, Gold is trading at $1,137 per ounce, up $1 on good volume.

SILVER

Silver continues Friday’s rally, moving above the $15.65 per ounce resistance level. Silver reached a high this morning of $15.74 before seeing some short term profit taking. At 11am PDT today, Silver is up $0.46, trading at $15.66 on excellent volume.