Gold took a run at the resistance level

GOLD

Last night, during Asian trading, Gold took a run at the important $1,250 per ounce resistance level. However, the U.S. Dollar strengthened and Gold wasn’t successful, only able to reach a high of $1,248 per ounce. At 11am PDT today, Gold is down $4, trading at $1,243 per ounce on average volume.

SILVER

Silver hit a new June 2017 low of $16.39 this morning before bargain buyers stepped in and started buying. With that aggressive buying the Silver price quickly moved above $16.50. At 11am PDT today, Silver is trading at $16.48 per ounce, down $0.10 on normal volume.

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