Strong USD caused Gold to decline

GOLD

A strong U.S. Dollar caused Gold to decline in Asian and European markets this morning. Gold reached a low of $1,330 per ounce before finding support. At 11am PST today, Gold is trading at $1,332 per ounce, down $18 on heavy volume.

SILVER

Silver followed Gold lower this morning, reaching a low of $16.44 per ounce. At that price, bargain buyers appeared, quickly rallying the price over $16.50. At 11am PST today, Silver is down $ 0.18 per ounce, trading at $16.52 on excellent volume.