Gold And Silver See Upward Direction

GOLD

Gold continues its upward direction this morning, reaching a high of $1,790 on excellent volume in oversea trading. Physical and futures demand remains strong on all of the world’s exchanges. At 11am PT today, Gold is trading at $1,784 per ounce, up $7 on good volume.

SILVER

Silver jumped with Gold, reaching a high of $18.50 before seeing short-term profit-taking. Recent trading shows that Silver has now established $18 per ounce as its support level. At 11am PT today, Silver is up $0.25 per ounce, trading at $18.28 on excellent volume.