Gold Moved Past $4,100 & Silver Rallies Over $51

GOLD

The Gold market opened in Hong Kong and immediately rallied to $4,046 per ounce. As the Gold market moved to Mumbai, India, the rally continued, and Gold opened at $4,057 on heavy trading volume.
Today’s Gold rally kept moving higher in London, opening at $4,071 and in the U.S. at $4,116.

At 11am PT today, Gold is up $112 per ounce, trading at $4,112 per ounce on excellent volume

SILVER

This morning, when Silver trading opened in Hong Kong, and immediately rallied to $50.77 per ounce. As the Silver market moved to Mumbai, India, the rally continued, and Gold opened at $51.48 per ounce in a mostly short-covering rally.
Silver traded in London and New York between $51.48 and $51.96. Silver has crossed the $52 per ounce level and reached a high today of $52.12 per ounce.

At 11am PT today, Silver is trading at $51.90 per ounce, up $1.87 on excellent volume.