Gold Price Rallies On Brexit Turmoil

GOLD

This morning the British Parliament stopped the Prime Minster from exiting the European Union (Brexit). This resulted in a run from the British pound to Gold as Gold rallied $7 on safe haven purchases. At 11am PT today, Gold is trading at $1,492, up $7 on average volume.

SILVER

Silver moved up with Gold this morning, only $0.05 on light buying, but higher. The $17.50 level continues to be both a support and resistance level. At 11am PT today, Silver is up $0.05 per ounce, trading at $17.55 on light volume.