Gold and Silver Testing Key Support Levels

Gold and Silver Testing Key Support Levels

 

GOLD

Gold traded today between $2,072 and $2,087 per ounce, building a firm base for a move to $2,100 soon. 2024 is looking like it will be a good year for precious metal owners as many fundamentals are looking very bullish.

At 11am PT today, Gold is trading at $2.074 per ounce, down $2 on low volume.

SILVER

The price of Silver is testing the key $24 per ounce support level. Silver reached a high of $24.34, but saw year-end profit taking drive the price to $24.02 per ounce.

At 11am PT today, Silver is down $0.21 per ounce, trading at $24.07 on low volume.

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