This morning bargain buyers jumped into Gold

GOLD

This morning bargain buyers jumped into Gold in Asia, Europe and in American markets and firmed up demand at an attractive $1,278 per ounce price. Gold should consolidate for a short term of time in the $1,280 to $1,300 per ounce in the face of a higher U.S. Dollar Index.

At 11am PDT Today, Gold is trading at $1,279, down $1 on excellent volume.

SILVER

Silver found support this morning around the $16.40 level. Buyers took the price above $16.50 quickly, reaching a high of $16.68 per ounce.

At 11am PDT today, Silver is down $0.04, trading at $16.51 per ounce on good volume.