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.