Daily Market Report 11/27/13

GOLD

This morning Gold is trading in a very narrow pre-holiday price range on light volume. There has been no significant news released today that would affect precious metal prices. At 11am PDT today, Gold is trading at $1,239 per ounce, down $4 per ounce on light volume.

SILVER

Recently the Silver price has been weaker than Gold, trading down to almost 63 to 1 on the Silver/Gold ratio. At 11am PDT today, Silver is down $0.20 (1%), trading at $19.68 per ounce on light volume.