Gold & Silver moving lower on high jobless claims

GOLD

During peace talks in Switzerland between the U.S. and Iran, the Iranians are demanding a stop to military
actions in Lebanon between the Israeli’s and Hezbollah before moving on the peace arrangement with the U.S.
while Trump is demanding better control over the billions of potential unfrozen Iranian assets.
Then, in news coming from JD Vance this morning that the Iranians will allow UN nuclear inspectors into Iran, gold rallies back above $4,180 per ounce.
At 11am PT today, Gold is trading at $4,182 per ounce, down $51 from Friday.

SILVER

This morning, silver has stayed above the key $65 per ounce support level as the Iranian bullish and bearish news was announced.
At 11am PT today, Silver is down $0.85 from Friday, trading at $65.30 on excellent volume.