Gold & Silver Prices Continue To Move Higher

GOLD

In overseas trading last night, Gold traded above and below the key $3,000 per ounce level numerous times. Gold continues to be on the bullish trade and after a short period of consolidation above $3,000, it should be on its way toward $3,100.

At 11am PT today, the Gold price is trading at $2,999 per ounce, up $11 on strong volume.

SILVER

Silver traded today between $33.37 and $33.96 all day in both overseas trading and in the U.S. Demand for the physical metal continues to pick up and premiums have stopped falling and are moving higher on many popular investment coins and bars.

At 11am PT today, Silver is up $0.04 per ounce, trading at $33.81 on excellent volume.