Gold Price Rallies On Brexit Turmoil

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.

Copyright © 2023 MINTSTATEGOLD.COM. All rights reserved.