Gold Slowly Rallies After Fed Report

GOLD

With rising unemployment statistics, the Federal Reserve seems to be holding off on raising interest rates. Gold has seen little change in the U.S. markets today. With the U.S. Dollar slipping, Gold has been given a great opportunity to rally.

At 11am PT today, Gold is trading at $1985 per ounce, up $4.

SILVER

Silver seems to be having trouble breaking through the $23 level in the European markets today. Silver has been relatively stagnant since the Fed report yesterday.

At 11am PT today, Silver is trading at $22.77 per ounce, up $0.03.