Gold hits new All-time High of $2,817

GOLD

We are watching increasing demand for physical Gold bullion. What drives the strong demand for Gold is the serious concern about what President Trump is planning for Federal programs and employees. Key federal employees in some of the largest U.S. government agencies are resigning or taking early retirement. This uncertainty is also causing great concern at many of the world’s largest financial organizations and central banks. Gold has proven for years to be the best and safest asset during times of uncertainty. Gold reached a high of $2,809 per ounce in London trading this morning.
At 11am PT today, Gold is up $6 from yesterday, trading at $2800.

SILVER

Silver followed Gold higher today, breaking above the $31 per ounce resistance level. Silver reached a high of $31.75 this morning before see some light profit-taking.
At 11am PT today, Silver is trading at $31.33, down $0.23.