Gold Continues To Build A Base At $1,800

GOLD

The Gold price continues to build a base at the $1,800 level after the recent rally. Today, Gold traded between $1,792 and $1,812 per ounce, bouncing above and below the key $1,800 numerous times. At 11am PT today, Gold is trading at $1,805 per ounce, up $4 on average volume.

SILVER

With the strength in the Gold price, Silver firmed up above the key $24 per ounce support level. At 11am PT today, Silver is down $0.05 per ounce, trading at $24.20 on good volume.