Gold Over $3,800 oz & Silver Moved Above $47 oz

Gold Over $3,800 oz & Silver Moved Above $47 oz

GOLD

Gold trading last night and this morning in overseas markets was highly volatile.
Gold moved up to $3,799 in Australia, then sold down to $3,793 as Hong Kong opened.
Then, as Hong Kong (a major exchange) started trading, the volume picked up and gold moved over $3,800 per ounce, reaching a high of $3,805.
When gold opened in India, the price moved up to $3,812, when higher in London and in New York, reaching a high of $3,834.

Tomorrow, there will be a senior military official meeting in Virginia with Trump and Hegseth.
This and a possible closure of the Government could be something that would have an effect on the precious metal markets.

At 11 am PT today, gold is trading at $3,828 per ounce, up $63 from Friday, and of course, a new all-time high.

SILVER

Silver traded today in overseas markets and the U.S. between $46.30 and $47.18.
Demand in China and India was strong while the silver price reached a high of over $47.18 per ounce, before seeing serious profit-taking.
The profit-taking keeps silver under $47 in Indian, London, and on the opening of New York.

At 11 am PT today, silver is up $0.62 per ounce, at $46.84 on excellent volume.

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