Gold & Silver Trading In A Tight Range

GOLD

Overnight, Gold increased in value during the Asian and European trading hours. In US trading we have seen a little profit taking with Gold going up to $2393.30. Currently, the trading range has been tightening as we settle further into US trading hours.

At 11am PT today, Gold is trading at $2387, up $11 per ounce on strong volume.

SILVER

We’re continuing to see Silver hold well above the $28 level. Like Gold’s trading earlier today, Silver saw a high of $28.73 a few hours ago. Although it appears to be staying in the mid $28’s at this time.

At 11am PT today, Silver is down by just $0.08, trading at $28.44 per ounce on lighter than normal trading volume.