Gold And Silver Prices Heading Into Orbit

GOLD

10-Year Treasury Interest rates moving higher is having no effect on the current Gold rally. Gold demand and the geopolitical and economic uncertainty has Gold nearing $2,300 per ounce. Many of our clients are really enjoying the ride higher.

At 11am PT today, Gold is trading at $2,294 per ounce, up $32 on excellent volume.

SILVER

After a short delay, Silver has become the leader in this precious metal rally. Silver reached a high today of $26.99 before seeing light profit-taking. Silver has rallied over $2 (8%) in the past two days and looks to break major resistance levels.

At 11am PT today, Silver is up $1.10 per ounce, trading at $26.95 on excellent volume.