Gold Rally Continues In Overnight Trading

GOLD

In overnight trading, Gold continued its rally moving to above $1,640 per ounce and firmly on the way to the $1,650 resistance level. Global demand continues to be strong from central banks and for physical Gold investors. At 11am PT Today, Gold is trading at $1,648, the highest level since 2013, up $29 on the day

SILVER

Silver broke above the key $18.50 resistance level in Asian trading this morning. Silver has recently been popular with Gold investors due to the extraordinary Silver-to-Gold ratio over 89-to-1.
At 11am PT today, Silver is up $.24 per ounce, trading at $18.60 on excellent volume.