Gold Continues To Stay In A Tight Trading Range
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GOLD
Today, the DJIA is down over 400 points and we are likely to face increasing volatility in the U.S. equity markets as no progress is seen in the U.S.-China trade negotiations. Meanwhile Gold continues to stay in a tight trading range from $1,185 to $1,192 per ounce, as the U.S. Dollar Index is unchanged. At 11am PDT Today, Gold is trading at $1,191.50 per ounce, up $4.50 on average volume.
SILVER
Silver traded today between $14.22 to and $14.46 per ounce, well below the key $14.50 support/resistance level. Premium on physical Silver investment products are starting to raise due to increasing demand. At 11am PDT today, Silver is down $0.02 per ounce, trading at $14.33 on normal volume.
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Mint State Gold
April 22 2024