Gold & Silver Wait On Latest Federal Reserve Interest Rate Decision

Gold & Silver Wait On Latest Federal Reserve Interest Rate Decision

GOLD

Today we are waiting for the latest Federal Reserve interest rate decision, coming out at 11am PST. However, in the mean time Gold is moving around in the low $1280 range and is fairly quiet. At 11am PT today, Gold is trading at $1283.50 down by $1.50 on light volume.

SILVER

There has been a little more action today in the Silver pits. It has corrected down a little bit this morning in US trading hours but, again, I’d like to see what the Fed says. At 11am PT today, Silver is trading at $14.78 down by $0.25 on normal volume.

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