Gold Rallies & Silver Follows

GOLD

Asian, Middle-Eastern and European commodity markets picked up the Gold rally from Friday’s U.S. market. Expanding trade wars, lower equity prices and dropping interest rates have helped demand for the world’s best safe-haven investment, GOLD. At 11am PT today, Gold is trading at $1,325 per ounce, up $20 on excellent volume.

SILVER

Taking its lead from Gold, Silver rallied today over 1%, reaching a high of $14.80 per ounce, before seeing short-selling. Silver needs to break back above the $15 per ounce resistance level to gain bullish sentiment from many professional commodity traders. At 11am PT today, Silver is up $0.20 per ounce, trading at $14.77 on excellent volume.