Gold Fluctuates Sales While Silver Stays Steady

GOLD

Today, Gold has traded above and below its important $1,650 support/resistance level. The U.S. Dollar and interest rates also trade in a narrow range and we await the next move by the Federal Reserve. At 11am PT Today, Gold is trading at $1,850, down $2 on average volume.

SILVER

Surprisingly, Silver has stayed above $19 with the weakness in the Gold price. Silver continues to build a nice base above the $19 per ounce level. At 11am PT today, Silver is up $0.05 per ounce, trading at $19.20 on normal volume.