Gold Nearing New All-Time High

GOLD

In overnight trading Gold tested the key $2,750 per ounce support level, and reached a low of $2,743 before rallying back on heavy volume.

At 11am PT Today, Gold is trading at $2737, down $37 from Friday.

SILVER

Silver followed Gold lower in early trading, briefly breaking below the key $30 per ounce support level. Silver reached a low of $29.99 per ounce before finding fresh buying on European markets. As the trading moved out of Europe, Silver was back up to $30.50 per ounce

At 11am PT Today, Silver is trading at $30.10 today, down $0.57.