Fresh Demand From Europe and U.S. Drives Gold Price Higher

GOLD

We are back on the road to $1,300 per ounce, as Gold reaches a high of $1,295.40 in early Asian trading. I’m seeing fresh demand coming from Europe and the U.S., driving the price higher. At 11am PT today, Gold is up $5.50 per ounce, trading at $1,293.50 on good volume.

SILVER

Silver is showing some price support above $15.50, while reaching a high of $15.63 per ounce. At 11am PT today, Silver is trading at $15.60 per ounce, up $0.04 on normal volume.

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