Gold And Silver Moving Higher On Good Demand

GOLD

Gold broke above the $4,100 level during U.S. trading this morning, reaching a high of $4,106 per ounce. News from the Trump administration stating a deal with Iran will be announced within a few days helped the stock and precious metal markets.

At 11am PT today, Gold is up $50 per ounce, trading at $4,085 on excellent volume.

SILVER

Silver reached a high of $60.17 in the U.S. during afternoon trading. If Silver can break above the key $60 resistance level and stay for a few days, it would be very bullish for the short and long-term.

At 11am PT today, Silver is trading at $59.65 per ounce, up $2 on excellent volume.