Gold is in a tight high/low range

GOLD

Today, Gold is trading in a tight $10 High/Low trading range, from $1,330 to $1,320 per ounce. It appears that Gold is waiting for some fresh news that would push it above the $1,330 resistance level. At 11am PST today, Gold is trading at $1,325 per ounce, down $2 on normal volume.

SILVER

Silver saw early selling in Asian and European markets, driving the price down to $16.45 per ounce. At that level, the market found support and quickly rallied above $16.50. At 11am PST today, Silver is down $0.09 per ounce, trading at $16.56 on average volume.