Daily Market Report 11/10/15

GOLD

The U.S. Dollar continues to rally as Gold stays in a tight high/low price range. With the increased Gold demand I am a little disappointment that the Gold price hasn’t rallied back above the key $1,100 per ounce level. Gold is trading just above and below the $1,090 per ounce level looking for direction. At 11am PDT today, Gold is unchanged for the second day in a row on excellent volume.

SILVER

Silver did reach a low this morning of $14.28 per ounce. That low price drove in lots of bargain buyers and the price quickly rallied back above $14.40 per ounce. At 11am PDT today, Silver is trading at $14.43, down $0.07 per ounce on good volume.