Gold and Silver Seeing Trouble as U.S. Dollar Remains Strong

GOLD

With the U.S. Dollar remaining strong on higher interest rates on the horizon, the Gold price has been on the defensive.
Gold opened lower in Europe with a weak demand, reaching $1,710 per ounce, before seeing sizeable central bank buying, driving up the price by $10 per ounce. At 11am PT today, Gold is trading at $1,718 per ounce, down $7 on average volume.

SILVER

When Gold hit its lowest price today, Silver briefly broke below the key $18 per ounce support level.
At 11am PT today, Silver is down $0.32 per ounce, trading at $18.10 on normal volume.