Gold & Silver Down On Concerns About Tariffs

Gold & Silver Down On Concerns About Tariffs

GOLD

This morning, Gold traders are still waiting for clarity from Trump on Gold bars and many of the key economic indicators coming this week.
Gold reached a low of $3,341 this morning before seeing sizeable buying.
Getting back and staying over $3,350 by the close is very important to short-term trading.

At 11 am PT today, Gold is trading at $3,355 per ounce, down $43 on heavy volume.

SILVER

Silver followed Gold lower, breaking below the key $38 per ounce level and reaching a low of $37.46.
Most of the selling came from the Asian and European markets.

At 11 am PT today, spot Silver is trading at $37.77 per ounce, down $0.48 on heavy volume.

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