Gold & Silver Moving Higher On Strong Demand

GOLD

In overnight trading in Asia, the Middle East, and Europe, Gold reached a low of $3,345 and a high of $3,666 per ounce,
as those markets reacted to Friday’s weak Jobs number.
As the Gold market moved into the U.S., buyers came in, and the Gold price moved up to $3,386 before seeing some light profit-taking.

At 11 am PT today, Gold is trading at $3,374 per ounce, up $25 on strong volume.

SILVER

Silver saw some heavy selling on Asian markets and dropped to $36.60 per ounce,
but as trading moved around the world, in the Middle East and London, the market rallied.
As London was closing and U.S. markets were opening, the price moved back over $37 per ounce.
While trading in the U.S., Silver reached a high of $37.64 before seeing some light short-term profit-taking.

At 11 am PT today, Silver is up $0.48 per ounce, trading at $37.30 on excellent demand