Gold Continues To Set All-Time Record Highs

GOLD

Last night in overnight trading in Asian markets, Gold went crazy. The Gold price reached a high of $2,266 per ounce on light selling and strong buying. When the market moved into Europe, we saw selling and the price quickly dropped below $2,250. As the market rolled into the U.S. the Gold price reached a low of $2,228 per ounce. At the lows we saw fresh buying, driving the price up to $2,238 per ounce.

At 11am PT today, Gold is up $6 per once, trading at $2,239 per ounce on good volume.

SILVER

The higher Gold price helped drive Silver up to $25.44. But Silver dropped to $24.69 when we rolled into the U.S. markets and the U.S. Dollar Index rallied above 105. Right now, Silver is trading above and below the $25 level.

At 11am PT today, Silver is unchanged at $25 per ounce on average trading volume.