Gold Slows as Silver Picks Up

GOLD

Gold has been trading in a narrow $8 high/low range, from $1,567 to $1,575 per ounce. It’s becoming clearer that not only will the Chinese economy be slowing down due to the coronavirus breakout, but other countries’ economies will be slowing down. See Coronavirus Cure: Print More Money. At 11am PT today, Gold is up $4 per ounce, trading at $1,576 on excellent volume.

SILVER

Silver has picking up more demand in Asian and Europe markets. The Silver price has moved above $17.80 per ounce this morning. At 11am PT today, Silver is trading at $17.82 per ounce, up $0.08 on good volume.