As the U.S. Dollar continued to rally versus other world currencies, the Gold price dropped to $1,217 in early trading. At that price bargain buyers appeared and the Gold quickly rallied $10 per ounce. At 11am PST today, Gold is trading at $1,231 per ounce, up $8 on excellent volume.
Silver has traded today within a 1% range, between $17.82 and $17.97 per ounce. Silver keeps wanting to break above the key $18 per ounce resistance level, and when it does it could run fifty cents. At 11am PST today, Silver is up $0.05 per ounce, trading at $17.97 on good volume.