Global Demand For Gold Remains Strong

GOLD

After yesterday's high volatility in the markets, Gold found support in overnight trading at $1,725 per ounce. Global demand for Gold remains strong as countries continue to provide stimulus to allow opening of their economies. At 11am PT today, Gold is trading at $1,731 per ounce, down $ 4 on normal volume.

SILVER

At reaching a high of $18.23, Silver broke down below the $18 level, and professional traders shorted the market. Silver hit a low of $17.38 before seeing short-covering and bargain buying, which took the price back above the key $17.50 per ounce level. At 11am PT today, Silver is down $0.21 per ounce, trading at $17.51 on good volume.