Bargain Buyers Take Silver Back Over Key Levels

Daily Market Report - 2/12/20

GOLD

A rally in the U.S. Dollar has help keep the Gold price in a narrow high/low trading range. Gold is trading between $1,561 and $1,569 for most of today, just awaiting news. At 11am PT today, Gold is trading at $1,567 per ounce, down $1 on normal volume.

SILVER

The Silver price reached a low of $17.44 this morning on light trading volume. At that price bargain buyers appeared and took the price back over the key $17.50 resistance/support level. At 11am PT today, Silver is down $0.13 per ounce, trading at $17.51 on light volume.