Gold & Silver Testing Support Levels

GOLD

Gold and Silver Prices have pulled back today after the release of a U.S. inflation report that rallied the US Dollar index and treasury yields. There’s been some movement in Gold prices this morning following the release of the inflation report, employment data, and the December CPI. Despite this, Gold prices remain well above the $2010 mark, continuing its strong start to 2024.

At 11am PT today, Gold is trading at $2020 per ounce, down $7.

SILVER

Silver followed Gold down this morning, continuing its slight downward slope this week but is expected to find support at the resilient $22 level.

At 11am PT today, Silver is trading at $22.66 per ounce, down $0.39.