Both Gold & Silver Approaching 2023 Highs

Both Gold & Silver Approaching 2023 Highs

GOLD

This morning we heard dovish comments, by Fed Chair Powell, about cutting interest rates in 2024. This is bullish news for precious metal investors and Gold quickly rallied to over $2,060 per ounce level. At 11am PT today, Gold is trading at $2,070 per ounce, up $36 on excellent volume.

SILVER

Silver moved higher with Gold, breaking above $25.50 per ounce on excellent Friday volume. World mints are beginning to announce their 2024 production and allocation for the popular Silver investment and collector coins. At 11am PT today, Silver is trading at $25.45 per ounce, up $0.25 on excellent volume.

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