Both Gold & Silver Test Support And Rally Back

Both Gold & Silver Test Support And Rally Back

GOLD

The Gold market opened in Hong Kong and India at $4,265 per ounce, up $25 from Friday’s U.S. close, showing excellent trading volume.
The was serious profit taking in early London trading, driving the Gold price down to $4,218 per ounce.
In late London trading and U.S. trading Gold continued its bullish rally, moving last $4,300 and seeing a high of $4,356 per ounce.

At 11am PT today, Gold is trading at $4,345 per ounce, up $123 from Friday.

SILVER

The Silver market opened in Hong Kong and India around $52.15, up $0.35 per ounce from Friday’s U.S. close, showing excellent trading volume.
Silver followed Gold low in early London trading, reaching a low of $51.22 per ounce.
In late London trading and in the United States Silver started moving higher, reaching $52.80 per ounce.

At 11am PT today, Silver is up $0.70 per ounce, trading at $52.20 on excellent volume.

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