Gold & Silver Moving Higher On Tariff/Trade Concerns

GOLD

Gold appears to be settling in above the $3,250 level. Gold traded over the long holiday weekend between $3,283 and $3,350 per ounce. Over the weekend, the U.S. Dollar reached a low of 98.78, which helps support the Gold price.

At 11am PT today, Gold is trading at $3,302 per ounce, down $59 from last Friday’s close

SILVER

Today, Silver reached a low of $32.74 before seeing bargain buying. $33 per ounce remains a key price level right now and we are seeing strong buying below that level.

At 11am PT today, Silver is down $0.30 per ounce from Friday’s close at $33.50.