Gold & Silver Stick At Support Levels

Gold & Silver Stick At Support Levels

GOLD

Gold has traded today between $1,498 and $1,513 per ounce as weak economic data is coming from both the U.S. and China. There is substantial support for Gold around the $1,500 support level. At 11am PT today, Gold is trading at $1,504 per ounce, down $7 on normal volume.

SILVER

Silver traded as low as $17.95 over the weekend in Asian markets. As Silver opened in the western markets it has been trading above and below the key $18 per ounce support level. At 11am PT today, Silver is down $0.12 per ounce, trading at $18.13 on average volume.

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