Gold Actively Trading Above Key Support Level

Gold Actively Trading Above Key Support Level

GOLD

Gold traded today between $2,914 and $2,948 per ounce with excellent trading volume worldwide. The metal appears to be building a strong base above the key $2,900 support level. Gold did make a new all-time high this week of $2,955 per ounce on its way to reaching $3,000 per ounce very soon.
At 11am PT today, Gold is trading at $2,940 per ounce, unchanged from yesterday.

SILVER

Silver is having a difficult time staying above $33 per ounce, but continues to have excellent price support above the $32.50 level. Physical demand for many of the popular investment coins and bars remains strong in Asian and Middle Eastern markets.
At 11am PT today, Silver is trading at $32.77 per ounce, down $0.23 on excellent volume.

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