Gold & Silver Dropping on Iran War News

GOLD

Last night in overseas Gold trading, Gold continued to move lower in China, India and London.
Gold reached a low of $3,985.90 during U.S. started trading.
The $4,000 per ounce level is a major support level and any serious break would be very bearish for the short-term.
At 11am PT today, Gold is trading at $3,995 per ounce, down $114 per ounce.

SILVER

Last night, as news of fresh U.S. Iran strikes was reported, Silver in overseas trading moved $1.30 lower when the Chinese market opened.
Then, it dropped another $0.60 per ounce when trading in India opened.
Silver reached a low of $57.44 per ounce during early U.S. trading.
At 11am PT today, silver is trading at $57.50 per ounce, down $2.56.