Gold And Silver Both Rally

GOLD

Gold fell off in late trading yesterday on better than expected ADP payroll numbers, and reached a low of $1,686 this morning as equity markets rallied on as countries reopen on improved coronavirus data. After testing the important $1,700 per ounce support level, Gold rallied back. At 11am PT Today, Gold is trading at $1,702 per ounce, down $33 on excellent volume.

SILVER

Silver got hammered worst than Gold, breaking below the key $18 level and reaching a low of $17.35 per ounce on heavy trading volume. Silver came back to rally $0.40 quickly. At 11am PT today, Silver is down $0.35 per ounce, trading at $17.75 on heavy volume.