Both Gold And Silver Continue To Move Higher

GOLD

Gold reached a high of $2,164 during Asian trading, before seeing profit-taking. Trading stayed active in Europe between $2,150 and $2,160 per ounce. Staying above the $2,150 level is important after the recent up move. At 11am PT today, Gold is trading at $2,160 per ounce, up $15 on good volume.

SILVER

Silver is showing excellent support above the key $24 per ounce level. Silver tested $24 early in trading and held, reaching a high of $24.57 before seeing selling. At 11am PT Today, Silver is up $0.24, trading at $24.44 per ounce on good volume.