Gold Hits A New High Of $2,748 - Silver Reaches $34.85

GOLD

Gold’s value does not want to go lower as yesterday's Gold trades brought the price down to $2,718. Gold appeared to test support at $2,700 but ultimately did not. This morning Gold kept moving higher from Asia, Middle east, Europe and the U.S. markets. Concerns about the Israeli wars seem to be the top motivator.

At 11am PT today, Gold has reached a new high of $2,748 per ounce, up $25 from yesterday.

SILVER

Silver is not looking back, reaching $34.92 this morning on heavy buying, especially in China.
At the current price, Silver is trading at a 12-year high and breaking above $35 in what would be a very bullish sign for the trip to $40 per ounce.

At 11am PT today, Silver is up another $1.02 trading at $34.85 per ounce on large volume.