Gold And Silver Building A Firm Base For The Next Rally
GOLD
Gold has traded today between $2,730 and $2,750 per ounce as the market awaits this week's coming events. The financial markets and the world await the outcome of this week’s U.S. presidential election, and the Federal Reserve decision on interest rates on Thursday.
At 11am PT today, gold is trading at $2,738 per ounce, up $0.50 on average volume.
SILVER
The Silver price has been higher during most of today’s trading, reaching a high of $32.95 before seeing profit taking and short sells. Right now, $33 is a key level for the Silver price and it needs to move back above that level this coming week.
At 11am PT today, Silver is down $0.20 per ounce, trading at $32.47 on excellent volume.






