Both Gold and Silver Fighting to Stay Above Support Levels

GOLD

Gold’s fight to stay above the important $4,000 per ounce support level continues.
Last night in overseas trading, the Gold price traded between $3,959 and $3,998 per ounce.
When the trading moved into the U.S., there was increased demand, and the price moved above $4,000 per ounce quickly.
At 11am PT today, Gold is trading at $4,010 per ounce, up $25 on average volume.

SILVER

Silver reached a low of $54.65 per ounce during trading in India last night.
Silver moved back above $55 during London trading and above $56 when US trading opened.
At 11am PT today, Silver is trading at $56 per ounce, up $0.30 on normal volume.