Gold Holds Above $4,000 Support, While Silver Breaks $60

GOLD

As early Monday trading moved in overseas markets, Gold started at $4,070 in China,
then as the market moved to India, we saw the price continue to drop, opening at $4,051 per ounce.
When the trading moved to London, it continued to move lower, and when Gold
started trading in New York, the price tested the key $4,000 per ounce support level.
Gold reached a low today of $4,001 before finding buying.

At 11 am PT today, Gold is trading at $4,022 per ounce, down $53 on average volume.

SILVER

In overseas market trading this morning, Silver started at $58.75 in China, then as the
market moved to India, we saw the price continue to drop, opening at $58.22 per ounce.
When trading moved to London, Silver moved lower with Gold and broke the $58 level in New York.
Silver reached a low of $57.32 before bouncing back above $58 per ounce.

At 11 am today, Silver is trading at $58.15 per ounce, down $0.87 on normal volume.