Gold On The Move, Back Over $3,400 Per Ounce

GOLD

No trade deals, Gold rallies over $200 in the past three trading days. On May 1st, Gold closed at $3,210. Today, Gold is trading over $3,410 as concerns about inflation and a coming recession increase. As the U.S. Dollar nears its 2025 lows, down 10% for the year, central bank demand continues to be strong.
At 11am PT today, Gold is trading at $3,413 per ounce, up $98 for the day on excellent volume.

SILVER

Finally, Silver is showing some strength, moving over $33 per ounce with excellent volume. With Gold at its current level, Silver has a lot of ground to make up as it works its way to $35 per ounce.
At 11am PT today, Silver is up $0.83 per ounce, trading at $33.14 on excellent volume.