Gold & Silver Rally As Iranian Peace Talks Expand

GOLD

After Israel agreed to peace talks with the Lebanese government and the U.S. jobless claims for the week ending April 4th were reported at 219,000, the Gold price rallied. Gold rallied from $4,698 to $4,802 today as news of the Iranian peace talks expanded.

At 11am PT today, Gold is trading at $4,786 per ounce, up $46 on average volume.

SILVER

Silver reached a high of $76.67 today. Iranian peace talks expand to Lebanon. If silver can firmly move above $75 for a few trading days, that would hopefully establish a firm support level.

At 11am PT today, Silver is trading at $76.20, up $1.00 on excellent volume.