Gold & Silver Back On A Bullish Path

GOLD

Early this morning, as Gold started trading around the globe, Gold slowly moved higher.
Gold reached a high of $4,135 per ounce, up $60 as the trading moved from China into India.
As trading moved to London and the U.S., there was little profit.
The Gold price stayed above $4,100 as inflation fears eased on weaker oil prices after
U.S. President Donald Trump said he was highly unlikely to order more attacks on Iran.

At 11 am PT Today, Gold is trading at $4101.00, up $26 per ounce for the day.

I was very surprised to see Gold break below the key $4,000 per ounce support level in October.
Now, I believe that the $3,866 low Gold reached in October will be the low for 2026, and we will be heading higher the balance of 2026.
The coming week should confirm this belief and my call for our clients to start adding to their Gold holdings now.

SILVER

Today, in early overseas trading in China and India, silver moved higher, from $51.80 to $53.58 per ounce on excellent volume.
As trading moved to London and the U.S., there was some selling, but the price stayed above $52.50 per ounce.

At 11 am PT today, Silver is up $0.60 per ounce at $52.60 today.

Like Gold, I think Silver is also back on a bullish track and recommend that our
clients make additional purchases of many of the popular Silver bullion products.
I expect the price and the premiums to move higher for the balance of the year.