Gold And Silver Continue To Move Higher

GOLD

Trump is back on the war path this morning, putting trade tariffs on the European Union, and Gold/Silver rallied higher. As the budget bill moves to the Senate, there are real concerns over some the amendments and that are affecting many of the world’s financial markets. Gold reached a high of $3,366 on strong demand before seeing some short-term profit taking.

At 11am PT today, Gold is up $66 per ounce, trading at $3,361 on strong trading volume for a holiday Friday session.

SILVER

Silver rallied with Gold today, reaching a high of $33.58 on excellent trading volume. Silver did test the $33 per ounce support level in early London trading, reaching $32.85 before rallying back.

At 11am PT today, Silver is up $0.40 per ounce, trading at $33.50.