Gold tested support level

GOLD

Gold tested the $1,350 per ounce support level, reaching a low of $1,348 in early trading. For most of today’s trading, Gold has traded between $1,350 and $1,357 per ounce. Gold needs to stay over $1,350 to maintain its short-term bullish sentiment. At 11am PST today, Gold is trading at $1,353, up $1 on active volume.

SILVER

Silver reached a low of $16.62 per ounce this morning in Asian and European trading. Buyer’s appeared in European and U.S. markets, which helped move the price back over $16.75 per ounce. At 11am PST today, Silver is down $0.02 per ounce, trading at $16.84 on good volume.

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