Gold rallying as more countries buy Gold

GOLD

More countries buying Gold continues to dominate the bullion news. Today, Australia stated it imported $1.5 billion worth of Gold during Aug-Sept. Gold is rallying this morning, moving above the important $1,280 level. At 11am PDT today, Gold is trading at $1,281 per ounce, up $13 on good volume.

SILVER

Silver broke back above the $17 level this morning on excellent demand, reaching a high of $17.26 before seeing light selling. At 11am PDT today, Silver is up $0.35 per ounce, trading at $17.20 on excellent volume.

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