Gold & Silver Awaits Tomorrow’s Fed Decision

GOLD

With gas and oil prices reaching record highs and traders believing that the Fed will raise interest rates by ¼ point tomorrow, the Gold price is under pressure. Gold has traded today between $4,260 and $4,318 per ounce as it awaits tomorrow's decision by the Federal Reserve.

At 11am PT today, Gold is trading at $4,296 per ounce, down $17 on average volume.

SILVER

Silver traded today in overseas markets and the U.S. between $62.44 and $64.06 per ounce. Trading volume is active as the market awaits direction.

At 11am PT today, Silver is down $0.30 per ounce, trading at $63.46 on average volume.