Gold Loses Gains While US Dollar Index Pulls Ahead

GOLD

We saw Gold today start pulling back some of the previous days gains as the US Dollar Index is up today. It showed some support just recently when it got below the $1850 level and came back up. Which is good to see. At 11am Gold is $1852.09 down by $18.32 on strong volume.

SILVER

In the overnight hours Silver dropped below $22 in price per ounce given the trading in Asian and European currency’s. However, as the US market opened we are seeing Silver make a strong move heading back to $22. As of 11am Silver is $21.99 down by $0.18 on average volume