Europe and Asia Direct Gold Over Holiday Weekend

GOLD

Gold is slightly higher on a weak U.S. dollar today. This morning, Citigroup came out with a $2,500 prediction for Gold in 2021. As we go into this long holiday weekend European and Asian markets will be in charge of the direction of Gold. At 11 am PT today, Gold is up $2, trading at $1,809 on light trading volume.

SILVER

Silver moved higher with Gold today, showing sizeable bargain buying in European markets. Premiums on the popular Silver investment items are starting to move higher. At 11 am PT today, Silver is up $0.10 per ounce, trading at $23.40 on light volume.