Gold & Silver Trading Above 2026 Lows

Gold & Silver Trading Above 2026 Lows

GOLD

This morning in overseas trading, Gold rallied $40 per ounce in the Chinese and Indian precious metal markets.
As trading moved to London, Gold saw selling, taking the price below $3,900.
As London trading closed and U.S. trading began, Gold started moving higher.
This morning the oil price dropped, which reduces inflationary concerns, and it
helped increase Gold buying, taking the price above $3,950 per ounce.

At 11 am PT today, Gold is trading at $3,953 per ounce, up $63 on excellent volume.

SILVER

This morning in overseas trading in China and India, Silver quickly moved
over $50 per ounce, reaching a high of $50.64 before opening in London.
When the trading moved to the U.S., Silver buying increased, and the price moved over $51 per ounce.

At 11 am PT today, Silver is up $1.50 per ounce, at $50.64 on excellent volume.

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