Concerns About Interest Rates Keeps Gold in Check

GOLD

A slight sell-off in the U.S. Dollar with renewed concerns about the state of negotiation on trade talks with China has helped the gold price this morning. Gold moved back over $1,200, reaching a high of $1,204 per ounce this morning. Concerns about interest rates, ahead of the Federal Reserve meeting has kept the Gold price in check. At 11am PDT today, Gold is trading at $1,201 per ounce, up $4 on average volume.

SILVER

Silver followed Gold higher this morning, reaching a high of $14.41 per ounce before finding short-term selling. At 11am PDT today, Silver is up $0.02 per ounce, trading at $14.32 on normal volume.