Exciting Overnight Trading In Asia and Europe

GOLD

What exciting trading in overnight markets in Asia and Europe as Gold reached a high of $1,974 per ounce. Gold reached this new all-time high price before investors started to take profits, driving the price down to $1,907. At 11am PT today, Gold is trading at $1,957, up $20 per ounce on heavy volume.

SILVER

Last night the volatility in the Silver market was much greater than Gold. Silver exploded above the $25 and $26 resistance level and reached a high of $26.20 per ounce. When the Gold price started to fall, Silver sellers became aggressive and the price dropped to $22.45 per ounce. What an extraordinary price trading range of $3.75, in just one night. At 11am PT today, Silver is unchanged per ounce, trading at $24.35.