Gold & Silver Moving Higher On Strong Demand

GOLD

With lots of coverage on the Iranian attack on the US media, the US precious metal markets were very active with fresh safe-haven investment. The Gold price moved to the day's high as demand and trading volume increased. The Iranian missile attacks in Qatar briefly took the Gold price up to $3,394 before seeing light selling.

At 11am PT today, Gold is trading at $3,382 per ounce, up $14 on strong volume.

SILVER

As trading rolled into the U.S., Silver moved higher, reaching $36.40 per ounce before seeing light profit-taking. Staying above the key $36 level would be important to give Silver an excellent support level for the move to $40 later this year.

At 11am PT today, Silver is up $0.33 per ounce, at $36.33 on excellent volume.