Both Gold and Silver Consolidating At Current Level

GOLD

Gold is trading in a narrow range today awaiting information from the upcoming Federal Reserve meeting. Gold has traded above and below the $1,930 level for most of today’s trading.

At 11am PT today, Gold is at $1,930, down $2 on average volume.

SILVER

Silver has also traded in a narrow range, but is staying above the $23 per ounce support level. Silver needs to show consolidation ahead of Thursday's Fed announcement to move higher.

At 11am PT today, Silver is down $0.03 per ounce, trading at $23.19 on normal volume.