Gold Tariffs Move The Price Higher

GOLD

This morning, the U.S. Customs and Border Protection agency has clarified that Kilo and 100-ounce Gold bars from Switzerland, London, and Hong Kong will have a tariff.
This does not affect domestic trading in Gold coins or bars, but may affect the world price for Gold. This news took the Gold price up to $3,407 per ounce before seeing light selling.

At 11 am PT today, Gold is trading at $3,398, up $6 on strong volume.

SILVER

Silver has stayed above $38 per ounce most of the day, reaching a high of $38.55, before seeing light profit taking.
It is very healthy for Silver to build a firm base above $38 for the next move higher.

At 11 am PT today, Silver is up $0.10 per ounce, trading at $38.25 on normal volume.