Gold Prices Rise After U.S. Market Commodity Opens

GOLD

Gold reached a low of $1,787 in early morning Asian trading, but rallied back above the key $1,800 level in European trading. When the U.S. commodity markets opened, Gold moved higher. At 11am PT Today, Gold is trading at $1,816 per ounce, up $6 on good volume.

SILVER

Silver also tested its $21 per ounce support, reaching a low of $20.80, before quickly rallying back. When U.S. trading began, Silver moved up to the $21.40 level on heavy trading volume. Most of the popular Silver physical investment coins and bars still remain in short supply with premium staying strong. At 11am PT today, Silver is up $0.50 per ounce, trading at $21.50 on normal volume.