Gold & Silver Moving Higher On Excellent Demand

GOLD

During last night’s State of the Union Speech, President Trump criticized the U.S. Supreme Court for its decision last week to overturn his global tariffs. He also vowed that Iran would never obtain a nuclear weapon. During the speech in Chinese trading Gold moved higher, reaching a high of $5,218 before seeing some light selling in London.

At 11am PT today, Gold is trading at $5,205 per ounce, up $44 on excellent volume.

SILVER

Silver found buyers during London trading, and Silver moved back over $91 per ounce. Demand in India and London is picking up because of a major shortage in the exchange depositories.

At 11am PT today, Silver is up $3.60 per ounce, trading at $91 per ounce on excellent volume.