Gold & Silver Testing Support

GOLD

During Monday trading, Gold reached a low of $2,682 in the Middle East commodity exchanges. Then, when it started trading in London, Gold found fresh buying and started moving higher. Gold moved back over $2,700 near the end of the trading session in London, reaching a high of $2,714 before closing at $2,707 per ounce.

At 11am PT today, Gold is trading at $2,745 per ounce, up $39.

SILVER

Silver followed Gold lower in Middle East trading, breaking below the key $30 per ounce support level. Silver reached a low of $29.90 per ounce before finding fresh buying on European markets. As the trading moved out of Europe, Silver was back up to $30.50 per ounce.

At 11am PT today, Silver is up $0.54 per ounce, trading at $30.84.