Gold And Silver Building Support For The Next Leg Higher

GOLD

For the most part of today’s trading, Gold has stayed between $2,020 and $2,030 per ounce. Gold is building a firm base, which is very healthy for both the short and long-term value of Gold. Traders are looking forward to tomorrow's ADP report and Friday’s November jobs numbers.

At 11am PT today, Gold is up $13 per ounce, trading at $2,031 on good volume.

SILVER

Silver is having a difficult time staying above the important $24 per ounce level. Silver traded between $23.86 and $24.40 for most of today, but the $24 per ounce level is key.

At 11am PT today, Silver is down $0.22 per ounce, trading at $23.98 on average volume.