Gold & Silver Moving High On Excellent Demand

GOLD

Gold reached a high of $2,356 this morning before seeing selling. Gold reached a low of $2,334 in early Asian trading and quickly rallied $10 per ounce, then rolled into European and US markets and reached the high. Getting back above the $2,350 level would be very bullish for the short-term direction of the Gold price.

At 11am PT today, Gold is trading at $2,360 - up $20 per ounce.

SILVER

The Silver price has performed very well recently, testing the $28 level, and holding and rallying back $0.20 to $0.30 per ounce on excellent exchange trading volume.

At 11am PT today, Silver is up $0.28 per ounce, trading at $28.63.