A Strong U.S. Dollar Driving Gold & Silver Prices Lower

GOLD

The U.S. Dollar reach a 2-year high of 102.61, as Gold moved over $4,200 per ounce during trading in India last night. Then dropped to $4,146 in late London trading and early US trading.

At 11am PT today, Gold is trading at $4,150 per ounce, down $21 on average volume.

SILVER

Silver stayed above the key $60 per ounce level in China, India and London.
But, dropped during U.S. trading as the U.S. Dollar rallied.

At 11am PT today, Silver is down $1.25 per ounce, trading at $59.05 on excellent volume.