Gold & Silver Moving Above Support Levels

Gold & Silver Moving Above Support Levels

GOLD

This morning, Gold reached a low of $2,613 per ounce on concerns that the Federal Reserve is not going to continue lowering interest rates in their announcement later this month. As trading moved to Europe and the U.S. there was strong buying at this bargain price and the price rallied $20 per ounce.

At 11am PT today, Gold is trading at $2,636 per ounce, down $6 on average volume.

SILVER

Silver continues to be the star precious metal in 2025 as Silver moves back over the key $30 per ounce resistance level. Silver is showing strong buying interest in Asia, Europe, and U.S. markets as it rallied over $0.50 per ounce today.

At 11am PT today, Silver is up $0.34 per ounce, trading at $29.96 on strong volume.

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