Asian Trading Very Active On Excellent Volume

GOLD

Gold reached a high this morning of $1,294 in Asian trading on a weaker U.S. Dollar. Asian trading was very active on excellent volume as Gold continues to build a firm base. At 11am PT today, Gold is trading at $1,291.50 per ounce, up $2.50 on average volume.

SILVER

Silver traded this morning in a very narrow range between $15.55 and $15.65 on light volume. Silver is not showing the same type of demand and price support that Gold shows. At 11am PT today, Silver is up $0.03 per ounce, trading at $15.64 on normal volume.

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