Gold And Silver React To Federal Reserve Minutes

GOLD

Gold rose slightly this morning after the minutes of the Federal Reserve’s last policy meeting were released. It showed that the central bank is confident that inflation is easing, and the labor market is strong, both conditions for additional interest rate cuts.
At 11:30am PT today, Gold is up $12 per ounce, at $2,636 on light volume.

SILVER

Silver reached a high of $30.75 in early trading, but selling drove the price down to $29.94. To remain bullish, Silver needs to hold above the $30 level.
At 11:30am PT today, Silver is down $0,35 per ounce, trading at $30.03 on light volume.