Gold rallied on Brexit rumors
The possibility of a “no deal” from the German government on Brexit negotiations caused Gold to rally in European markets. On the Brexit rumors, Gold reached a high of $1,327 per ounce before selling appeared. At 11am PST today, Gold is trading at $1,318 per ounce, up $6 on excellent volume.
Silver is fighting to stay above the key $17 per ounce support/resistance level. Today it reached a low of $16.88 and a high of $17.23 per ounce in active trading. At 11am PST today, Silver is up $0.04 per ounce, trading at $17.02 on excellent volume.