Gold Finds A Home

GOLD

Gold has found a home today between $1,925 and $1,960 per ounce, as it continues to consolidate the price. The US Dollar Index is unchanged and there is nothing happening from Congress or the White house on the next coronavirus stimulus legislation. At 11am PT Today, Gold is trading at $1,930 per ounce, down $10 on average volume.

SILVER

Silver, like Gold, is trading in a tight range from $26.25 to $27.25, as it builds a firm base for the next leg up toward $30 per ounce. Many Silver futures investors are rolling September in December this week, this should increase some volatility. At 11am PT today, Silver is down $0.32 per ounce, trading at $26.40 on normal volume.