Global Stress Causes Increased Demand For Gold

GOLD

Global tension from mounting stress between China and the United States has caused investors to increase demand for Gold. As we move into the long holiday weekend, trading volume is light. At 11am PT today, Gold is up $9 per ounce, trading at $1,739 on light volume.

SILVER

Silver hit a low of $16.78 in early Asian trading, before bargain buyers stepped in and the price quickly moved back above the key $17 per ounce support level. At 11am PT today, Silver is trading at $17.20 per ounce, up $0.08 on light volume.