Gold Has Slight Pullback As U.S. Treasury Yields Are Up

GOLD

We see Gold making a slight pullback in the last couple of hours as the U.S. Treasury Yields are up slightly. Trading is a little more active then normal, but it is coming back from a Holiday weekend. At 11am Gold is $1849.06 down by $8.61 on above average trading.

SILVER

In the early morning before the US Market opened we saw Silver taking a slight drop during the London hours. Once the US Market did open Silver started taking a run back to $22 when some light selling came in. At 11am Silver is $21.78 down by $0.41 on below normal trading volume.