Gold & Silver Rally On Weaker U.S. Dollar

GOLD

After testing the key $4,500 per ounce support level yesterday, Gold rallied this morning.
The rally was driven by a drop in the U.S. Dollar and by a 2% U.S. economic expansion in the first quarter of 2026.
Gold rallied during London and U.S. trading, reaching a high of $4,647 before seeing light selling.

At 11 am PT today, Gold is up $82 per ounce, at $4,617 on excellent volume.

SILVER

Silver followed Gold higher during London trading this morning, reaching a high of $74.05 before seeing light profit-taking.
Silver is building a firm base over $70 per ounce, which will help support a move back toward $100 per ounce later this year.

At 11 am PT today, Silver is up $2.35 per ounce, at $73.70 on excellent volume.