Gold & Silver Reach New Highs AGAIN

GOLD

Gold hit a new high today of $3,896 per ounce, boosted by weak economic reports and a U.S. government shutdown.
Indians will celebrate Diwali in October, during which it is considered auspicious to buy Gold. Global demand continues to fuel this Gold rally.

At 11 am PT today, Gold is trading at $3,860 per ounce, up $18 on normal volume

SILVER

Silver moved back above the $47 per ounce level during trading in China and India. Silver did reach a high of $47.87 before seeing light profit-taking in London and the U.S.
Silver remains on track to reach $50 before year's end.

At 11 am PT today, Silver is trading at $47.32 per ounce, up $0.97 on excellent volume.