Gold Reaches New All-Time High Of $3,246 Oz As U.S. Dollar Drops

GOLD

Trump’s recent policies in regard to world tariffs has caused a loss of confidence in the U.S. and its markets and currency. Our equity and bond markets have dropped and our currency reached 99.01 on the U.S. Dollar Index (lowest level in the past 3 years) this morning. Gold and Silver are on a major rally with sizeable buying on any dip.

At 11am PT today, Gold is trading at $3,228 Per ounce, up $63 on strong volume.

SILVER

Silver reached a high of $32.33 this morning when Gold reached its high this morning. Right now, Silver is trading above and below $32 per ounce as it sees fresh bargain buying. With Gold at $3,230 per ounce, Silver at $32 is a great value with the Silver-to-Gold ratio over 100-to-1.

At 11am PT today, Silver is trading at $32.10 per ounce, up $1.18 on excellent volume.