Gold Continues Its Bullish Track, Trading At $2,674

GOLD

Increased hostilities between Russia and Ukraine are causing strong demand for Gold and driving prices higher. Gold reached a high of $2,674 in London and has stayed around that level during U.S. trading.

At 11am PT today, Gold is up $26 per ounce, trading at $2,674 per ounce.

SILVER

Silver continues to have a difficult time staying above $31 per ounce, with Gold moving higher. I would expect to see a serious move higher soon as the price of Gold approaches $2,700 per ounce.

At 11am PT today, Silver is down $0.08 per ounce, trading $30.87 per ounce on active volume.