Daily Market Report 11/22/13

GOLD

After Gold’s drop below the $1250 level it’s been surprisingly calm trading in the mid $1240’s for the last 48 hours. Volume has increased during the past few days as fresh buying enters the market at these attractive levels, which has helped stabilize the market. At 11am PDT today, Gold is up $0.70 per ounce, trading at $1,244 per ounce.

SILVER

Silver buyers are trying to move the market above the key $20 price level. Demand has increased dramatically since Silver traded below $20 on Wednesday. At 11am PDT today, Silver is trading at $19.96 per ounce, down $0.13 per ounce.