Gold & Silver Test Key Support Levels

GOLD

Gold prices rose this morning before coming under selling pressure and falling to near session lows. Investors are awaiting the U.S. PMI report due Wednesday for further direction and signals on what the Fed may do in its quest to tame inflation. Gold Prices will likely experience some fluctuation as other key U.S. economic data is due to be released this week including reports on inflation and GDP.

At 11am PT today, Gold is trading at $2018 per ounce, down $11.

SILVER

Silver prices are staying stable despite the dip in Gold prices this morning, staying comfortably in the high $22 range.

At 11am PT today, Silver is trading at $22.84 per ounce, down just $0.02.