Gold stayed above the $1,280 level

GOLD

For most of today’s Asian trading, Gold stayed above the key $1,280 per ounce level. As the markets opened in Europe and the U.S., a weaker Dollar helped Gold start a rally, moving over $1,290 per ounce. At 11am PST today, Gold is up $11, trading at $1,292 on excellent volume.

SILVER

Silver has moved back above the key $17 resistance/support level today. Silver reached a high of $17.18 when Gold started its rally. At 11am PST today, Silver is trading at $17.18, up $0.20 per ounce on good volume.

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