Gold rallied back above the key $1,280 level

GOLD

After reaching a low of $1,276 per ounce, Gold has rallied back above the key $1,280 level. Today, Gold traded in a narrow $9 High/Low range from $1,285 to $1,276 per ounce. At 11am PST today, Gold is trading at $1,281 per ounce, up $3 on average volume.

SILVER

After last week’s high of $17.39 per ounce, Silver continues to trade above and below the key $17 level today. A firm breakout above the $17.50 level would signal and confirm a bullish trend. At 11am PST today, Silver is up $0.06 per ounce, at $16.98 on normal volume.

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