Daily Market Report 12/29/15

GOLD

After yesterday’s $9 decline, today Gold has traded in a tight $8 high/low range with excellent support at the $1,067 level. Trading volume continues to be light because of the holiday week. At 11am PST today, Gold is trading at $1,069, up $2 per ounce.

SILVER

Silver is having a difficult time staying above the $14 resistance level. Like Gold, Silver is trading on light volume in the narrow trading range. At 11am PST today, Silver is up $0.09, trading at $13.97 per ounce.