Gold & Silver Testing Key Support Levels

Gold & Silver Testing Key Support Levels

GOLD

With some Federal Reserve governors being hawkish about an interest rate increase in December, Gold moved lower in U.S. trading.
Gold reached a high this morning of $4,067 in overseas trading, but dropped below $4,000 when it started trading in the U.S.

At 11 am PT today, Gold is trading at $3,990, down $40 for the day.

SILVER

Silver saw excellent demand in London, taking the price above $53 per ounce.
But as U.S. trading started, the Silver price moved lower, reaching $51.33 before seeing bargain buying.

At 11 am PT today, Silver was up $0.55 per ounce, at $51.90 on average volume.

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