Gold Continuing To Build A Firm Base

GOLD

The U.S. Dollar Index and interest rates are trading in a tight range and so is Gold. Gold showed good support above $1,813 this morning, and resistance around $1,830. Gold continues to build a firm base above the key $1,800 level, with active trading. At 11am PT today, Gold is unchanged at $1,824 per ounce.

SILVER

Silver broke down in early trading, reaching a low of $26.75 before seeing bargain buying. $27 continues to be a key support level, as Silver trades above and below that level. At 11am PT today, Silver is down $0.24 per ounce, trading at $27.03 on good volume.