Gold & Silver Prices Firming Up After Selloff

GOLD

Gold rallied in early overseas trading this morning as investors bought Gold following the recent sell-off.
A prolonged Middle East conflict will affect the U.S. Dollar, inflation, and our debt, which will cause a lot of volatility in the precious metal trading.
Barring any unforeseen event, I expect to see Gold trade in the $5,000 to $5,400 for a while and then start moving higher.

At 11 am Pt today, Gold is trading at $5,135, up $5 on excellent volume.

SILVER

Silver has traded today between $81.44 and $86.93 as it moved around the world in global trading last night.
Silver looks to be building a strong base above the important $80 per ounce level.

At 11 am PT today, Silver is unchanged at $83.75 per ounce.