Daily Market Report 10/13/14

GOLD

This morning Gold rallied in Asian trading, reaching a high of $1,237 before rolling into European trading when sellers appeared.

At 11am PDT today, Gold is trading at $1,230.30 per ounce, up $8.60 per ounce on average volume.

SILVER

Silver tried to rally, reaching a high of $17.63 earlier this morning, but couldn’t hold above $17.50. Today’s trading volume is light and any sustained rally would require good volume.

At 11am PDT today, Silver is unchanged, trading at $17.34 per ounce on light volume.