Gold Temporarily Breaks Below The Key

Gold Temporarily Breaks Below The Key

GOLD

U.S. domestic retail sales data for June came in better than expected, which caused selling in the precious metal markets. Gold has temporarily broken below the key $1,800 level, reaching a low of $1,795 per ounce. At 11am PT today, Gold is trading at $1,798 per ounce, down $14 on light volume.

SILVER

Silver tested the $19.00 per ounce support level, reaching a low of $19.06 before finding fresh buying. Demand and premiums remain strong on the popular physical Silver investment items. At 11am PT today, Silver is down $0.17 per ounce, trading at $19.20 on good volume.

Copyright © 2023 MINTSTATEGOLD.COM. All rights reserved.