Gold Prices Test Support Levels

GOLD

Gold is holding solid gains in the market today. Investors are recalibrating their expectations for aggressive U.S. rate cuts. Market Strategists are urging investors to be patient, and that 2024 will be the year of nuanced trading. At 11am PT today, Gold is trading at $2,050 per ounce, up $14.

SILVER

Silver bounces back after a 7-week decline. We believe there will be a bullish outcome once the Federal Reserve announce their interest rate cuts. At 11am PT today, Silver is trading at $23.20 per ounce, down $0.01.