Both Gold & Silver Back On The Bullish Track

GOLD

With Iran launching a huge wave of missiles at Israel and the invasion of Lebanon by Israel today, the Gold and oil markets exploded higher. Gold rallied $40 per ounce, reaching a high of $2,670 before seeing some light profit-taking.
At 11am PT today, Gold is trading at $2,661 per ounce, up $31 on excellent volume.

SILVER

Silver moved higher with Gold, reaching $31.93 before finding sellers. If the Gold price stays strong for the balance of the week, Silver should break above $32 per ounce.
At 11am PT today, Silver is up $0.20 per ounce, trading at $31.45 on excellent volume.