Gold and Silver Anticipate the Upcoming Federal Reserve Meeting

GOLD

Gold is expected to rally further as demand for Gold increases with concerns of a recession. Initial data about the U.S. fourth-quarter GDP from the U.S. Commerce Department is expected to be revealed tomorrow and suggests the attitude for the upcoming Federal Reserve meeting next week. At 11am PT today, Gold is trading at $1,941 per ounce, up $5.

SILVER

Silver continues to recover from the slight drop in price earlier this week. At 11am PT today, Silver is trading at $23.85 per ounce, up $0.17.