Silver is the superstar for the day

GOLD

Gold couldn’t move back above the key $1,350 level this morning and sellers jumped in, taking the price down to the low of the day, $1,334 per ounce. Gold found buyers and rallied $4 from the day’s low. At 11am PDT today, Gold is trading at $1,338, down $9 per ounce on active volume.

SILVER

Silver is the superstar for the day. When Gold hit the lows, Silver tested the key $17 per ounce support level, and HELD. Silver quickly moved back up to $17.15 on active buying. At 11am PDT today, Silver is down $0.07 per ounce, trading at $17.18 on excellent volume.