Gold Testing Support In U.S. Markets Today

Gold Testing Support In U.S. Markets Today

GOLD

After reaching a high of $1,848 in overnight trading, Gold is testing support in U.S. markets today. With 10-Year Treasuries remaining over 3% and the U.S. Dollar Index above 104, Gold has traded down today, testing its $1,825 support level. At 11am PT today, Gold is trading at $1,829 per ounce, down $11 on normal volume.

SILVER

Silver followed Gold lower today, reaching its key support level of $21 on average trading volume. The Silver-to-Gold ratio has dropped to an amazing 87-to-1, an unbelievable level to add to your Silver holdings. At 11am PT today, Silver is trading at $21.12 per ounce, down $0.38 on average volume.

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