Fresh Buying Found in Asia and Europe This Morning

GOLD

After yesterday’s dip below the key $1,700 support/resistance level, Gold found fresh buying this morning in Asia and Europe. Concerns about how fast the large developed nations can recover from the current coronavirus restrictions has kept the Gold price in a tight trading area. At 11am PT today, Gold is trading at $1,708, up $5 on average volume.

SILVER

Silver continues to show excellent support above the key $15.50 per ounce level. Premiums on popular Silver investment product continues to slowly drop. At 11am PT today, Silver is up $0.06 per ounce, trading at $15.58 on normal volume.