Gold Back On The Road To $2000

GOLD

A weaker U.S. Dollar Index combined with disappointing manufacturing data out of New York state has put Gold back on the road to $2,000 an ounce. Excellent fresh demand for Gold in Asia, Europe and the U.S. has taken the Gold price up to $1,982 per ounce. At 11am PT today, Gold is trading at $1,986 per ounce, up $44 per ounce on active volume.

SILVER

Silver reached a low of $26.25 per ounce in Asian trading before finding support in European markets. Silver needs to show price support above $27 per ounce before the price will attack the $30 level again. At 11am PT today, Silver is up $1.20 per ounce, trading at $27.50 on excellent volume.