GOLD

Today, Gold continues to trade in the $1,270 to $1,280 price range, looking for short-term direction. This is a good sign in the face of the U.S. Dollar, interest rates and the equity markets moving higher. At 11am PDT today, Gold is trading at $1,271, down $4 per ounce on average volume.

SILVER

Silver showed excellent support above the $16.50 per ounce level today, reaching a low of $16.54 in early trading. At 11am PDT today, Silver is unchanged, trading at $16.65 on normal volume.