Gold On The Road to $5,000, While Silver Is $75

GOLD

In overseas trading last night, Gold started trading at $4,335 per ounce in China and India. In London, the Gold price started moving higher, reaching a high of 4,362 per ounce before seeing some selling. If Gold stays above $4,300 per ounce for a short period, it would be strong.

At 11am PT today, Gold is trading at $4363.19, up $20.38 per ounce

SILVER

During overseas trading last night, Silver traded in the mid-$63 level in China and India. Like Gold, Silver started rallying above $64 per ounce in London. Like Gold, the Silver price remaining above $63.00 for a short period would be strong and build a base for the next move higher.

At 11am PT today, Silver is $1.63 per ounce, trading at $65.09.