Gold Showing Excellent Demand Around $2,450 Level

GOLD

July was an exciting month for Gold investors. Gold started at $2,327, reached a low of $2,316, and a high of $2,485 per ounce. Gold closed July at $2,447, up $120 (5.1%) for the month. Today, during early trading we saw Gold between $2,429 and $2,462 per ounce.
At 11am PT today, Gold is trading at $2439 per ounce, up $17 from yesterday.

SILVER

July was not as exciting for Silver investors. Silver started the month at $29.20, reached a low of $27.40, and a high of $31.73 per ounce. Silver ended July at $29 per ounce, down $0.20 for the month, with a Silver-to-Gold ratio of 84.4-to-1. Silver saw some profit-taking this morning.
At 11am PT Today, Silver is down $0.27, currently trading at $28.33.