Gold And Silver Find Support After Hitting Lows

GOLD

Gold and Silver prices are up moderately today, finding bargain buyers after hitting 5 month lows this week. Both metals have been under serious pressure from rising U.S. Treasury yields and the U.S. Dollar Index hitting a 9-week high on Thursday. Today, the U.S. Dollar has weakened slightly, correcting from the highs it experienced yesterday.

At 11am PT today, Gold is trading at $1,888.97 per ounce, up $1.79.

SILVER

Silver is finding support today and moved back above the $22.70 level this morning in trading.

At 11am PT today, Silver is trading at $22.73 per ounce, up $0.10.