Gold Sees Fresh Buying Worldwide

Gold Sees Fresh Buying Worldwide

GOLD

Gold traded today in a narrow $10 High/Low range, between $1,718 and $1,728, as it continues to consolidate recent gains above the key $1,700 per ounce support level. We are seeing fresh buying worldwide as a second wave of virus fears fuels demand. At 11am PT today, Gold is trading at $1,725, down $3 per ounce on light volume.

SILVER

Silver is trading lower on light profit taking after hitting a high of $17.67 yesterday. The Silver price appears weak today, trading below the $17.50 level. At 11am PT today, Silver is down $0.18 per ounce, trading at $17.45 on light volume

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