Gold Moves Towards 2020 High

GOLD

The Gold rally continues move towards the 2020 high of $1,780 per ounce. Gold reached a high of $1,771 today, as it blew past the $1,767 resistance level. Both futures contracts and physical Gold demand remains strong. As 11am PT today, Gold is trading at $1,767 per ounce, up $10 on good volume.

SILVER

Once again Silver moved above $18 per ounce this morning, reaching a high of $18.10 before seeing sellers. Silver has spent most of the day trading at the $17.85 to $17.95 area as it continues to consolidate recent gains. At 11am PT today, Silver is up $0.12 per ounce, trading at $17.94 on good volume.