Gold And Silver Staying Above Key Support Levels

GOLD

This morning, we heard that the core personal consumption expenditures price index only increased a seasonally adjusted 0.1% for the month and was up 2.6% from a year ago. Both of these numbers are in line with the Dow Jones estimates. Gold remained unaffected by this announcement and traded between $2,315 and $2,340 per ounce.
At 11am PT today, Gold is trading at $2,327 per ounce, up $3 on average volume.

SILVER

Silver showed excellent demand this morning in Asian and European trading, breaking back above the key $29 per ounce level.
At 11am PT today, Silver is up $0.23 per ounce, trading at $29.17 on normal volume.