Both Gold & Silver Moving Higher

Both Gold & Silver Moving Higher

GOLD

After testing the key $4,000 per ounce support level in early trading in China yesterday, Gold has been bouncing back.
Gold moved up to $4,080 by the close of trading in New York yesterday, then held at that level in China and India.
When Gold reached London this morning, it saw fresh buying and moved above $4,100 per ounce.
In London and New York today, Gold has reached a high of $4,155 before seeing some light selling.

At 11 am PT today, Gold is up $90 per ounce, trading at $4,138 on excellent volume.

SILVER

Silver mirrored Gold trading today, after reaching a recent low of $47.48.
Silver reached a high of $49.50 today on excellent demand in London and New York.

At 11 am PT today, Silver is trading at $49.10 per ounce, up $1.10 on excellent volume.

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