Gold is trading in a narrow $8 range

GOLD

Gold is trading in a narrow $8 High/Low range from $1,264 to $1,272 per ounce today. As the president talks up new trade tariffs, the Dow Jones is down almost 400 points, with the U.S. Dollar Index holding around 94. At 11am PDT today, Gold is trading at $1,267 per ounce, down $2 on average volume.

SILVER

Silver is treading water this morning after reaching a low of $16.25 in early trading. For most of the day, Silver has traded between $16.30 and $16.35 per ounce. The Silver price is definitely looking for direction from Gold. At 11am PDT today, Silver is down $0.07 per ounce, trading at $16.35 on normal volume.