Gold back on a bullish track over $4,000 oz

GOLD

A combination of a weaker US Dollar and major purchases in London helped start a rally in the gold market.
Gold moved from yesterday’s low of $3,969 to $4,096 this morning, during U.S. trading.
At 11am PT today, gold is trading at $4,075 per ounce, up $40 on excellent volume.

SILVER

Silver saw fresh buying in London, as gold was moving higher.
Silver reached a high of $59.69 per ounce during early U.S. trading.
Silver still needs to move above $60 per ounce early next week to regain its bullish bias.
At 11am PT today, silver is up $1.72 per ounce, trading at $59.02 on excellent volume.