Daily Market Report 10/7/13

GOLD

The Chinese are back so the precious metal markets and Gold are up today. Gold is trading in the middle of the recent price range on normal volume.

At 11am PDT today, Gold is up $14 per ounce, trading at $1,323 per ounce on average volume.

SILVER

Silver has broken out above the $22 per ounce resistance level. If Silver can stay above the $22 per ounce level for a couple days most professionals may turn bullish.

At 11am PDT today, Silver is trading at $22.30 per ounce, up $0.60 per ounce.

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