Gold Moves Above $5,200, Silver Hits $90

GOLD

Gold got back on the bullish track this morning, reaching a high of $5,239 before seeing some light selling during U.S. trading. The Middle East war is finally driving up the Gold value with increasing fresh safe-haven buying around the globe.

At 11am PT today, Gold is trading $5,230 per ounce, up $66 on excellent volume.

SILVER

Silver is found serious buying in China and again during U.S. trading, driving the price over $90 per ounce. Silver saw some light selling near the U.S. close, but was up substantially for the day.

At 11am PT today, Silver is up $4.32 per ounce, at $88.80 on excellent trading volume.