Gold & Silver Back On The Bullish Track

GOLD

Strong demand out of the Middle East and Europe drove up the Gold price this morning. Gold has traded today near its all-time high of $2,529 per ounce. Demand continues to be strong and higher prices are on the horizon.

At 11am PT today, gold is trading at $2,525 per ounce, up $20 on excellent volume.

SILVER

After testing the $29 support level yesterday, Silver moved higher with Gold this morning, reaching a high of $29.73 before seeing some light profit-taking.

At 11am PT today, Silver is trading at $29.52 per ounce, up $0.30 on good volume.