Demand for physical precious metal investments grows

GOLD

The worsening geopolitical situation continues to strengthen global demand for physical precious metal investment products. Demand for Gold & Silver bars and coins continues to grow primarily in Asian, Middle Eastern and European markets. At 11am PDT today, Gold is trading at $1,344 per ounce, up $4 on good volume.

SILVER

Silver is showing a stronger price increase than Gold, hitting a high of $16.74 in early trading. Yesterday’s announcement from the Silver Institute about the decline in Silver production for the fifth straight year has helped increase demand. At 11am PDT today, Silver is up $0.12 per ounce, trading at $16.64 on excellent volume.

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