Gold Rallies Despite Other Commodities Moving Lower

Gold Rallies Despite Other Commodities Moving Lower

GOLD

Demand came roaring back in late Asian and early European trading last night and Gold moved above the $1,840 level. This is bullish in the face of lower Copper and other commodities. At 11am PT today, Gold is trading at $1,840 per ounce, up $16 on excellent volume.

SILVER

Silver rallied with Gold, reaching a high of $27.61 before seeing weekend profit taking. Demand remains strong for the popular Silver investment products. At 11am PT today, Silver is up $0.10 per ounce, trading at $27.37 on normal volume.

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