Gold & Silver Rally As the Strait of Hormuz Are Open

Gold & Silver Rally As the Strait of Hormuz Are Open

GOLD

Gold traded at under $4,800 in oversea trading last night, but when it was announced that
the Strait of Hormuz are open during U.S. trading Gold jumped $70.
The U.S. Dollar dropped and Gold reached a high of $4,889 per ounce before seeing short-term profit-taking.
At 11am PT today, Gold is up $74 per ounce, at $4,866 on excellent volume.

SILVER

Silver followed Gold higher, jumping over $80 per ounce during U.S. trading.
Silver reached a high of $83.17 on U.S. markets, the highest level since March 13th.
At 11am Pt today, Silver is trading at $81.87 per ounce, up $3.52 on excellent volume.

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