Gold Finds Support While Silver Waits For Direction

GOLD

Gold found support this morning in the $1,820 per ounce level, as we await any news from Congress about a stimulus bill. Fresh buyers came into the market at the lows, rallying the U.S. market by $10 per ounce. At 11 am PT today, Gold is trading at $1,829 per ounce, down $11 on average volume.

SILVER

This morning Silver continues to trade above and below the key $24 level, awaiting direction from Gold. Silver has been able to put in a firm base above the $23.50 level. At 11 am PT today, Silver is down $0.06 per ounce, trading at $23.95 on normal volume.