Gold & Silver See Short-Term Profit Taking

GOLD

Weaker demand in overseas markets and a positive sign in the U.S. jobs report caused Gold to see some profit-taking this morning.
Gold dropped to $4,423 during U.S. trading this morning before finding buyers.

At 11 am PT today, Gold is trading at $4,452, down $37 per ounce on excellent volume.

SILVER

Silver saw selling in India and London earlier this morning, then in U.S. trading, Silver hit a low of $76.31 before finding support.
Silver needs to trade between $75 and $80 per ounce for a while to consolidate recent gains and build a firm base.

At 11 am PT today, Silver is down $2.70 per ounce, at $78.10 on strong volume.