Gold Trades Above And Below Key Level

GOLD

After reaching a low of $1,880 per ounce last night in European trading, Gold found buyers. As the Gold trading rolled into the U.S., even in face of a stronger Dollar Index, Gold moved above the $1,900 level. Gold has traded above and below the key $1,900 during most of today’s trading. At 11 am PT Today, Gold is trading at $1,894, down $2 per ounce on normal volume.

SILVER

Silver found it difficult to stay above the key $24 during European and U.S. trading. Silver did rally back off its low of $23.51 per ounce but didn’t find that much support. At 11 am PT today, Silver is down $0.72, trading at $23.60 per ounce on average volume.