Gold & Silver Break Down After Fed Comments

Gold & Silver Break Down After Fed Comments

GOLD

The Gold price rose today in Asia and the Middle East, trading over $2,630 per ounce. Then there was selling as the market rolled into the U.S. and Europe. A stronger U.S. Dollar index drove the price down.
At 11am PT Today, Gold is trading at $2612, down $16 from Friday.

SILVER

Silver followed the Gold price higher in early morning trading, reaching a high of $29.91 per ounce. Short-term profit taking and selling lowered the price in the U.S. market.
At 11am PT today, Silver is up $0.08, trading at $29.70.

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