Gold up awaiting release of Feds Dec Meeting minutes
Today we are seeing Gold slightly up as we approach the 11am PST release of the minutes from the Feds December Meeting. Signs show that the Central Bank may lean toward a more cautious position on interest rates. Based on that release we could see some more action today. At 11am Gold is at $1317, up $1 on high volume.
We see Silver following the same trend today as Gold, being slightly up, but still holding well above the $17 level which is good. At 11am Silver is at $17.26 up by $0.03 on strong volume.