Escalating Tensions And Safe-Haven Buying

Escalating Tensions And Safe-Haven Buying

GOLD

Gold has traded between $1,716 and $1,731 per ounce today, as it continues to build an excellent base. This morning we saw renewed safe-haven buying based on escalating tensions from North Korea. At 11am PT today, Gold is trading at $1,728 per ounce, down $1 on average volume.

SILVER

Silver is showing better price support and demand then Gold today. Silver continues to find resistance and short-term profit taking at the $17.67 level. At 11am PT today, Silver is up $0.15 per ounce, trading at $17.63 on good volume.

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