Gold Reaches A New All-Time Record High Of $3,061.80

GOLD

The Asian and Middle Eastern Gold markets were going crazy this morning with buyers, which took the Gold price to $3,061.80 per ounce. Concerns about a war between Iran and U.S. is fueling demand.

At 11am PT today, Gold is trading at $3,052 per ounce, up $35 on excellent volume.

SILVER

Silver is continuing to show more price strength than Gold, up today about 2% on fresh buying in Asian markets. Demand continues to be strong for both physical Silver and futures contracts.

At 11am PT today, Silver is up $0.65 per ounce, at $34.32 on excellent volume.