Gold and Silver Trading Higher On Same News
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GOLD
Gold is holding at 3-month high above the key $1,500 per ounce resistance/support level.Gold is up today based on geopolitical reasons, because the U.S. launch airstrikes on Sunday against five bases in Iraq and Syria. This was a strike against Iranian supported forces in these countries. Gold is trading in the $1,515 per ounce level most of this morning on U.S. markets.I believe 2020 is going to be a great year for precious metal and rare coin investors and collectors. At 11am PT today, Gold is trading at $1,515 per ounce, up $4 on normal volume.
SILVER
Silver is trading higher this morning on the same news that influenced the Gold market. Silver is approaching the key $18 per ounce resistance level, breaking this level is very bullish for Silver in 2020. At 11am PT today, Silver is up $0.06 per ounce, trading at $17.92 on average volume.
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Silver Remains On The Defensive Below $27.50 On Easing Middle East Tensions By
Mint State Gold
April 24 2024