Demand For Gold & Silver Is Strong After Decline
GOLD
Gold has traded in Asia, Europe and the U.S. today between $2,382 and $2,418 as it tries to find support above the key $2,400 level. In overnight trading the demand for physical Gold was very strong in both Asian and Middle Eastern markets.
At 11am PT today, Gold is trading at $2393, down $12 from Monday.
SILVER
Silver appears to be finding buyers above the $27 per ounce level. After yesterday's massive sell-off, establishing a base above $27 is very important. Trading volume is strong in all the major world markets.
At 11am PT today, Silver is up $0.02 today, trading at $27.15.






