Gold Rallies Back After Hitting 2021 Low

GOLD

After reaching a new 2021 low of $1,710 per ounce in overnight Asian trading, Gold rallied back in late European and early U.S. trading. Gold is seeing a volume of trading worldwide as it is trading to find a bottom. Something worth mentioning is that Gold hit its 2020 low of $1,450 per ounce on March 16th 2020, then rallied $200 by March 30th. At 11am PT today, Gold is trading at $1,737 per ounce, up $12 on excellent volume.

SILVER

Silver also sold off in overnight Asian trading, reaching a low of $25.75 before rallying back. Silver is showing substantially more price support than Gold, as it reached a high of $26.99 per ounce. At 11am PT today, Silver is up $0.30 per ounce, trading at $26.87 on excellent volume.