Daily Market Report 11/30/15

GOLD

This morning the U.S. Dollar approaches a new 10-year high versus the Euro. This, combined with the current bear trend has caused the Gold price to hit $1,053 per ounce this morning. At 11am PDT today, Gold is trading at $1,165 per ounce, down $6 from last Wednesday, but up $9 from European/Asian trading over the holiday.

SILVER

Silver sold off with Gold this morning, reaching a low of $13.99 per ounce. Then Silver found bargain buyers who rallied the price back up to $14.15 per ounce. At 11am PDT today, Silver is down $0.08 per ounce from last Wednesday’s close.