Gold And Silver Holding Below Support Levels

GOLD

The Gold price is holding in a narrow range between $1,929 and $1,939, awaiting direction from July Jobs numbers. The U.S. Dollar Index is remaining over 102, which is putting additional pressure on the price of Gold. At 11am PT today, Gold is down $2 per ounce, trading at $1,935 on average volume.

SILVER

The Silver price has traded above and below the $23.50 per ounce level most of the trading day. At 11am PT today, Silver is trading at $23.60 per ounce, down $0.20 on normal volume.