Gold and Silver Rally After Jobs Report Release from U.S. Department of Labor

GOLD

A weak U.S. Jobs report led to a sell-off in the U.S. Dollar and a rally in precious metals. Gold reached a high today of $1,821 before seeing some light selling. At 11am PT today, Gold is trading at $1,816 per ounce, up $12 on excellent volume.

SILVER

Silver started moving higher after the U.S. department of Labor released the current Jobs report. Silver quickly moved back above the $24 level, reaching a high of $24.18 before seeing selling. At 11am PT today, Silver is up $0.40 per ounce, trading at $23.94 on good volume.