Central Bank Buying Driving Gold Higher Last Week

Central Bank Buying Driving Gold Higher Last Week

GOLD

This morning in Chinese trading, Gold moved over $4,200 per ounce, reaching a high of $4,218.
Gold found sellers in London and the U.S. and moved down to $4,153 before finding buying.
At 11am PT today, Gold is trading at $4,171 per ounce, down $26 on average volume.

SILVER

Silver tested the key $60 per ounce support level, reaching a low of $60.04 during early US trading.
Silver moved higher after testing the support level.

At 11am PT today, Silver is down $0.55 per ounce, trading at $60.30 on normal volume.

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