Gold & Silver Await Tariff Announcement For Price Direction

GOLD

Gold traded today between $3,107 and $3,139 per ounce, as we await today’s tariff announcement at 1pm PST. That announcement and the response will definitely have an effect on the short-term direction of the Gold price. Traders are concerned about the possibility of a global trade war.
At 11am PT today, Gold is trading at $3,124 per ounce, up $11 on average volume.

SILVER

Silver traded today between $33.58 and $34.20 per ounce as it waits for near-term direction. Silver moving back above the $34 level would be healthy for short-term direction of the price.
At 11am PT today, Silver is up $0.13 per ounce, at $33.78 on average volume.