Gold & Silver Build A Firm Base For Next Leg Higher

GOLD

This morning, Qatar’s Foreign Ministry spokesperson told US media that opening the Strait of Hormuz is a priority, as the world faces an "industrial catastrophe" if the crisis continues.
Over the weekend, the price of oil and gas has moved higher. This morning, Gold has traded between $4,385 and $4,444, with most of the weakness in the US market.

At 11 am PT today, Gold is trading at $4,386 per ounce, down $44 on excellent volume.

SILVER

As trading moved around the globe last night and this morning, Silver traded between $65.57 and $67.29 per ounce.
Silver crossed the $67 per ounce level during trading in India, then saw selling during trading in London.

At 11 am PT today, Silver is up $0.24 per ounce, trading at $66.36 on excellent volume.