Gold And Silver Testing Key Support Levels Today

GOLD

Weak economic data from China and the Euro Zone helped strengthen the U.S. Dollar today, driving the price of Gold in Dollars lower. This morning, Gold reached a low of $1,925 per ounce before finding strong demand.

At 11am PT Today, Gold is trading at $1,927 per ounce, down $15 from last Friday, on average volume.

SILVER

This morning, Silver dropped down below the key $24 level, reaching a low of $23.45 before finding bargain buying. Silver needs to move back above the $24 level soon, to retain its short-term bullish sentiment.

At 11am PT today, Silver is down $0.70 per ounce, trading at $23.54 on heavy volume.