Daily Market Report 12/27/13

GOLD

The low volume of trading continues worldwide in the Gold pits. As Gold trades in a narrow $11 per ounce high/low range it provides no short term direction. Hopefully, on Monday the trading volume of trading will pick up, test support levels, and start a 2014 rally. At 11am PDT today, Gold is trading at $1,214 per ounce, up $2 on very light volume.

SILVER

FINALLY, Silver is staying above the $20 per ounce resistance level for most of the day. However, many floor traders with short positions aren’t covering, as trading volume is too light to confirm any breakout. At 11am PDT today, Silver is up $0.20 per ounce, trading at $20.04 per ounce on light volume.

Pre-order 2014 First Strike Silver Eagles

Stuppler & Company is now accepting orders for 1st Strike U.S. 2014 Silver Eagles at only $4.39 over spot in lots of up to 499, and $4.19 over spot for 1st strike in the Green Monster box (500 coins).

You can lock in today’s low Silver price for delivery early in 2014. Call or email me at 888-454-0444 or [email protected].