Gold And Silver Being Pressured By U.S. Dollar

GOLD

Gold is feeling the pressure from its bearish slope over these past three weeks. With the U.S. Dollar gaining traction and the mixed inflation numbers from The FED last week, it looks like Gold will continue the decline. At 11am PT today, Gold is trading at $1910 per ounce, down $4.

SILVER

With the U.S. Dollar becoming stronger Silver is retreating, navigating towards a support level of $20. At 11am PT today, Silver is trading at $22.63 per ounce, down $0.03.