Gold Continues to Strengthen

GOLD

The U.S. Dollar index continues to strength, while U.S. interest rates are moving higher this morning. The Gold price moved lower in early trading, reaching $1,770 before finding support and rallying back to unchanged. At 11am PT today, Gold is slightly higher than average at $1780.32

SILVER

Silver briefly broke below its $20 support level this morning, as the Gold price bottomed out. Silver reached a low of $19.90 per ounce and quickly rallied back $0.30. At 11am PT today, Silver is slightly lower than average at $20.25