Gold & Silver Demand Heating Up

GOLD

Today’s Gold trading started strong as demand increased in the European and U.S. markets. Gold reached a high of $2,665 before seeing some light short-term profit-taking. I liked the trading activity I saw on all foreign and domestic Gold trading markets.
At 11am PT today, Gold is up $14 per ounce, trading at $2,650 on excellent volume.

SILVER

The Silver price moved past the key $30 per ounce level in early trading, reaching a high of $30.44 in Europe. Demand remained strong most of the day as the price stayed above $30.
At 11am PT today, Silver is $0.05 per ounce, trading at $30.01 per ounce on excellent volume.