Gold bottoming out as USD continues its rally

GOLD

This morning, as the U.S. Dollar continues its recent rally, Gold is trading from a low of $1,271 per ounce to a high of $1,276, as it appears to be bottoming out. At 11am PDT today, Gold is trading at $1,275, down $8 per ounce on average volume.

SILVER

Silver hit a low of $16.52 per ounce is early morning Asian trading. After reaching this morning low, Silver quickly bounced back to $16.62 per ounce. At 11am PDT today, Silver is down $0.05 per ounce, trading at $16.65 on normal volume.

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