Demand Strong For Silver Investment Items

GOLD

Gold found fresh buying in overseas trading this morning, reaching a high of $1,862 for seeing selling, primarily in the U.S. market. After the recent decline, it would be healthy for Gold to build a solid base at the $1,850 per ounce level, especially as the Dollar Index remains strong. At 11 am PT today, Gold is trading at $1,849, unchanged from yesterday.

SILVER

Silver showed solid buying in the Asian and European markets. Most of the gain rolled into the U.S. while the demand remains strong for many of the popular Silver investment items. At 11 am PT today, Silver is up $0.40 per ounce, trading at $25.50 on excellent volume.