Gold Moves Above $3,400 On Israel’s Air Attack

GOLD

Last night, Gold reached a high of $3,445 per ounce on the news of the Israeli air attack on Iran. It is clear that safe-haven investors are running to Gold as a war in the Middle East is breaking out.

At 11am PT today, Gold is trading at $3,428 per ounce, up $45 on excellent demand.

SILVER

Today, the focus was on Gold and Silver. Platinum, and Palladium prices were weak. Silver is showing excellent price support, staying above the key $36 per ounce level.

At 11am PT today, Silver is up $0.04 per ounce, trading at $36.29 on average volume.