Gold Showing Increasing Demand For A Third Week In A Row

GOLD

Another good week for Gold investors with the price up 2% and trading today above and below the key $1,900 level. This is the third week in a row Gold has shown increasing demand and higher prices. At 11am PT today, Gold is trading at $1,900 per ounce, down $1 on good volume.

SILVER

Silver traded today between $23.90 and $24.17, while it tries to break and close above the key $24 per ounce level. If Gold can firmly establish a base above $1,900, it should drive the Silver price well above $24 per ounce. At 11am PT today, Silver is up $0.13 per ounce, trading at $24.08 on nice volume.