Daily Market Report 12/8/14

GOLD

Gold wants to consolidate its price, trading in a narrow $12 high/low range today. The high has been $1,200.50 and the low earlier today was $1,188.40.

At 11am PST today, Gold is trading at $1,198 per ounce, up $8 from Friday on average volume

SILVER

Silver reached a low of $16.16 per ounce this morning before see fresh buying. That took the price to $16.40 with active buying.

At 11am PST today, Silver is up $0.03 per ounce, trading at $16.33 per ounce on average volume.