Weaker US Dollar Helps Gold Rally
In late trading, major buying hit the Gold market, driving the price up to $1,236 per ounce. A weaker U.S. Dollar partially helped the Gold rally. At 11am PDT today, Gold is trading at $1,234 per ounce, up $19.50 on heavy volume.
Silver rallied with Gold reaching a high of $14.80 per ounce. At 11am PDT today, Silver is up $0.48 per ounce, trading at $14.76 on excellent volume.