Chinese Buying Driving Gold Higher

GOLD

Last night in overseas trading the Gold price reached $4,188 per ounce during trading in China.
However, as trading moved to London and the U.S. the price dropped to below $4,150 per ounce.

At 11am PT today, Gold is trading at $4,148, down $17 on average volume.

SILVER

Silver moved higher on the opening of Chinese trading last night, reaching a high of $57.92 per ounce.
Like gold, as the Silver trading moved to London and the U.S. the price dropped $0.80 per ounce, to $57.10.

At 11am PT today, Silver is up $0.15 per ounce, at $57.27 on average volume.