Both Gold & Silver Move Higher On Iran War News

GOLD

In overseas trading last night, the Gold price moved higher as China started trading again, reaching a high of $5,177 before seeing light selling. As trading moved into India and London, it held in this price area. However, when trading reached the U.S. today, it broke above $5,200 and hit a high of $5,219 before seeing selling.

At 11am PT today, Gold is trading at $5,210 per ounce, up $140 on excellent volume.

SILVER

In overseas trading last night, Silver moved higher in China, reaching a high of $87.96 before seeing light selling. In the balance of overnight trading, Silver reached a high of $88.16 per ounce. Silver is trading in the U.S. between $86 and $8.8, building a base for the next move towards $90.

At 11am PT today, Silver is up $4.80 per ounce, trading at $87.60 on good volume.