Gold & Silver Trading Actively With Wide Price Range

GOLD

The September Consumer Confidence Index fell to 94.2, well below economists’ consensus forecast for a 96 reading and also below the upwardly revised 97.8 for August.
This news and concerns about the U.S. Government shutting down, with excellent demand, drove the gold price to $3,872 in overnight trading, before seeing some profit-taking.

At 11 am PT today, gold is trading at $3,842 per ounce, up $14 on normal volume.

SILVER

Silver has traded with an extraordinary range today, reaching a high of $47.22 and a low of $45.74.
The trading volume in many of the commodity markets around the world was very high.

At 11 am PT today, silver is trading at $46.35, down $0.49 per ounce on high volume.