Gold And Silver Fall From Their Yearly High

GOLD

Today, Gold is trading just below the key $2,000 level just ahead of the Fed meeting later this week. Gold reached a new 2023 high last week, and is suffering from an increase in the U.S. Dollar and Treasury today. At 11am PT today, Gold is down $9, trading at $1,995 per ounce on normal volume.

SILVER

Silver is building a base above the $25 per ounce level, and has tested that key level twice. Demand is strong for many of the world’s most popular Silver investment coins. At 11am PT today, Silver is trading at $25.03, down $0.30 on average volume.