Gold And Silver Moving Higher On Excellent Demand

GOLD

Gold Jumped $30 this morning, rebounding after last week’s fall and attracting safe-haven investors as U.S. President Donald Trump prepared to impose new 25% tariffs on Canada and Mexico, the nation’s largest trading partners. These tariffs, on top of last week’s White House and European handling of the Ukrainian war, are increasing uncertainty and Gold demand. Gold moved higher this morning and will break back above $2,900 very soon.
At 11am PT today, Gold is trading at $2,888 per ounce, up $42 on excellent volume.

SILVER

Silver moved higher with Gold this morning, returning to the key $32 per ounce level. Trading volume is showing large increases in Asia and Europe, which should help the market move higher.
At 11am PT today, Silver is up $0.74 per ounce. trading $31.75 on strong volume.