Gold Sets Another All-Time Record High Of $2,585

GOLD

Gold’s breakout continued to yesterday afternoon and as the commodity markets moved into Australia and Asia, reaching $2,570 per ounce. As the market moved into the Middle East and London, Gold traded in the $2,560 to $2,566 range. In late London and early U.S. trading, Gold moved higher, reaching $2,585 per ounce.
At 11am PT today, Gold is trading at $2,581 per ounce, up $30 on excellent volume.

SILVER

The Silver price was strong from Asian trading to the U.S., moving above the key $30 per ounce resistance level. Silver continued its rally reaching a high of $30.98 before seeing some light selling.
At 11am PT today, Silver is up $0.95 per ounce, at $30.70 on strong volume.