Gold & Silver Rally Above U.S. Dollar

GOLD

The Gold market seems to be caught in a neutral territory following the S&P Globals data report. But then climbed higher following Europe’s weakened economic data report. Gold still looking up even as the U.S. Dollar finds its strength. At 11am PT today, Gold is trading at $1,925, up $5 on strong volume.

SILVER

Despite the rising US Dollar, Silver has made quite the jump overnight. Silver rallies, breaking above the 50-Day EMA with plenty of support. At 11am PT today, Silver is up $0.5 per ounce, trading at $23.55 on strong volume.