Daily Market Report 12/31/14

GOLD

Gold fell today because professional traders, hedge, and mutual fund traders needed to flatten out there precious metal holdings for year end. At 11am PST today, Gold is trading at $1,180 per ounce, down $21 from yesterday on light volume.

SILVER

Silver could not stay above the key $16 per ounce resistance level today. At 11am PDT today, Silver was down $0.64 per ounce, trading at $15.60 per ounce.