Both Gold & Silver Setting New Record Highs
GOLD
The Empire State Manufacturing Survey for September reported this morning that the general business conditions index dropped significantly.
A weaker U.S. Dollar, combined with weak economic news coming from China, has helped drive the value of gold higher.
As this news rolled in, the price of gold rallied from $3,625 to $3,681 per ounce, a new All-Time high for gold.
At 11 am PT today, gold is up $31 per ounce, at $3,681 on excellent volume.
SILVER
The same news that pushed gold to a new all-time high has helped the price of silver, up $0.35 per ounce on excellent volume.
Excellent demand for many of the popular silver investment coins and bars on the Indian and European markets.
Staying over the $42 per ounce level is surprising and confirms this market is moving higher.
At 11 am PT today, silver is trading at $42.60 per ounce, up $.30 on good volume.






