Gold & Silver Continue Moving Higher

Gold & Silver Continue Moving Higher

GOLD

Gold moved higher this morning on a key jobs report that shows slowing growth, leading to hopes of an interest rate cut later this month. Talk of tariffs and a trade war are also increasing demand for Gold worldwide. Gold reached a high of $2,671 before seeing short-term profit taking.
At 11am PT today, Gold is up $4 per ounce, trading at $2,654 on excellent volume.

SILVER

Silver traded above and below the key $30 per ounce level today, with a high of $30.44 and a low of $29.77 per ounce. Holding above the key $30 support level is important to the short-term direction of the Silver price.
At 11am PT today, Silver is trading at $30.02 per ounce, up $0.01 on good volume.

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