Gold & Silver Breakdown on Negative Iran News

GOLD

The Gold price dropped below $4,500 per ounce during trading in London.
With no positive news coming out of Washington or Tehran, precious metal trading saw selling.
Gold reached a low of $4,400 during U.S. trading before seeing bargain buying.
At 11am PT today, Gold is trading at $4,450 per ounce, down $52 on normal volume.

SILVER

Silver dropped below the $75 per ounce level following gold lower this morning.
Silver reached a low of $73.43 during U.S. trading before finding serious buying.
At 11am PT today, Silver is down $1.45 per ounce, trading at $74.55 on excellent volume.