Gold And Silver Test Key Support Levels And Hold

GOLD

In early morning Asian trading, Gold tested its support at its key $2,300 per ounce level,
reaching a low of $2,290 before finding bargain buying. As the Gold market rolled into Europe, Gold moved higher reaching $2,332 per ounce before seeing selling.

At 11am PT today, Gold is trading at $2,325 per ounce, down $5 on average volume.

SILVER

Silver reached a low of $26.67 in overnight trading before rallying back. Testing and holding above the $27 per ounce support level is key to Silver's short-term direction.

At 11am PT today, Silver is up $0.10 per ounce, trading at $27.30 on excellent volume.