Gold Hits A New High Of $2,741 - Silver Reaches $34.34

GOLD

This morning during Asian and Middle East trading, Gold stayed between $2,718 and $2,733 per ounce, trading on heavy volume. As trading moved into Europe and the U.S., the price of Gold reached $2,741 before seeing some light short-term profit taking.

At 11am PT today, Gold is trading at $2,723 per ounce up $8 from Friday on excellent volume.

SILVER

This morning during Asian and Middle East trading, Silver stayed between $33.50 and $34.20 per ounce trading with heavy volume. As trading moved into London and the U.S., the price of Silver moved higher, reaching $34.34 per ounce (The highest price since 2012), before finding sellers.

At 11am PT today, Silver is up $0.76 per ounce, trading at $33.83 on excellent volume.