Gold & Silver Trading With Lots Of Volatility

GOLD

Lots of volatility in the precious metal market today. Gold reached a high of $4,245 per ounce and has traded as low as $4,145. In overseas trading and in U.S. markets, trading has been very active.

At 11am PT today, Gold is trading at $4,155 per ounce, down $50 on excellent volume

SILVER

Silver reached a high of $54.45 per ounce in London this morning, and then the bottom fell out, dropping to $52 during New York trading. Concerns about a double top on the Silver chart had traders selling and shorting the market.

At 11am PT today, Silver is trading at $52.30, down $1.30 on the day.