Gold Moves Back Over $1,800 After Unchanged Interest Rates

GOLD

U.S. interest rates and the U.S. Dollar Index are trading at unchanged levels today, so Gold moved back above $1,800 per ounce. Gold stayed above the key $1,800 level for most of today’s U.S. trading. At 11am PT today, Gold is trading at $1,804 per ounce, up $3 on average volume.

SILVER

Silver moved higher with Gold this morning, trading at $22.50 per ounce. Silver briefly broke above the key $23 per ounce resistance level, but short term profit taking caused Silver to sell-off. At 11am PT today, Silver is up $0.10 per ounce, trading at $22.65 on normal volume.