Gold & Silver Fighting To Stay Above Key Support Levels

GOLD

Gold trading last night started in Australia and China and showed weakness, dropping to $4,419 per ounce.
Then, as trading moved into India and London, we saw a rally, driving the Gold price up to $4,5,81.
By the time Gold was trading in the U.S., the price was around $4,550, after Fed Chair Powell said inflation was moderating.

At 11 am PT today, Gold is trading at $4,518 per ounce, up $23 on average volume.

SILVER

Silver reached a low of $67,59 before seeing a rally in late trading in India.
Silver moved back over $70 in India, London, and the U.S., reaching a high of $71.84 before seeing some little selling.

At 11 am PT today, Silver is up $1.00 per ounce, trading at $70.60 on excellent volume.