Gold & Silver Test Key Support Levels

GOLD

Short-term profit taking it most of the oversea markets this morning and the U.S. opened lowered. The Gold price reached a low of $2,152 for seeing bargain buyer and excellent support above the key $2,150 level. At 11am PT today, Gold is trading at $2,160 per ounce, down $18 on average volume.

SILVER

After reaching a high of $25.16 late yesterday, Silver couldn’t hold above the key $25 support/resistance level. Short-term profit taking may keep Silver at the current range for a while. At 11am PT today, Silver is down $0.26 per ounce, trading at $24.80 on good volume.