Gold sold off today as USD & interest rates recovered

GOLD

Gold sold off today as the Dollar and interest rates recovered from recent lows. Gold reached a low of $1,330 per ounce this morning before bargain buyers stepped in. After increasing $90 in the past month, Gold continues to be in a bullish trend. At 11am PDT today, Gold is trading at $1,332 per ounce, down $14 on average volume.

SILVER

Silver followed Gold lower this morning, reaching a low of $17.69 before seeing serious buying. Demand for physical Silver investment products continues to be strong worldwide. At 11am PDT today, Silver is down $0.20 per ounce, trading at $17.84 on normal volume.

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