China Buying Rallies Gold Back Over $4,150 Level
GOLD
Yesterdays strong CPI news took the Gold price down to $4,065 per ounce.
In overnight trading, the commodity exchanges in Hong Kong and Singapore saw
sizeable (Tons) buying, which took the price over $4,150.
That buying supported Gold in India, London and when the US market opened this morning.
Gold reached a high today of $4,169 per ounce, before seeing light selling.
At 11am PT today, Gold is trading at $4,154 per ounce, up $68 on excellent volume.
SILVER
Silver moved up with Gold, from $55.36 to $57 per ounce during trading overseas.
$55 per ounce is the 2026 low for the Silver price and a strong support level.
At 11am PT today, Silver is up $1.37 per ounce, trading at $57.07 on strong volume.






