Gold Back Above $4,100 And Silver Back Above $60

GOLD

As the Iranian war rages on, with missiles and drones coming from and to Iran, precious metals bottomed out and are moving higher.
Gold reached a low of $4,053 during trading in India, then turned higher in London on central bank buying.
Breaking back above $4,100 per ounce in the face of the war news is very bullish for Gold.

At 11 am PT today, Gold is trading at $4,145 per ounce, down by $24 from yesterday.

SILVER

Silver did reach a low of $57.47 last night during trading in India, but rallied back as trading moved on.
It’s great that Silver broke back above the key $60 level during trading in the U.S.

At 11 am PT today, Silver is trading at $60.94 per ounce, down by $0.47 from yesterday.