Gold Has Nice Day In Market Due to Dollar Weakening

GOLD

Gold having a nice day thanks in part to the U.S. Dollar being weaker. Plus, we just got the news that the U.S. employment rate is still at 3.6% percent in May. Demand seems to be fairly stable as prices are entering into the $1870 range. At 11am Gold is $1872.08 up by $20.42 on strong volume.

SILVER

We see Silver following the same trend today as Gold given all of the news. Given the strong demand Silver is climbing nicely above the $22 level. At 11am Silver is $22.37 up by $0.40 on above average demand.