Gold & Silver Make Brief Correction And Come Back

Gold & Silver Make Brief Correction And Come Back

GOLD

After yesterday’s brief correction, Gold is back on track this morning. Gold did reach $1,472 in early morning Asian trading but quickly rallied in Europe and the U.S. commodity markets. At 11am PT today, Gold is trading at $1,476.50 per ounce, up $2.50 on good volume.

SILVER

Silver did reach a low of $16.75 in Asian trading this morning, but found serious bargain buying and quickly rallied. Silver is now testing the important $17 per ounce resistance/support level. At 11am PT today, Silver is up $0.13 per ounce, trading at $16.98 on normal volume.

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