Gold Up After Recent Treasury Secretary Announcement

GOLD

Comments from Treasury Secretary Janet Yellen at the Group of Seven finance ministers meeting in London over the weekend, gave support to the Gold price. Gold traded today in a narrow $10 high/low range between $1,885 and $1,895 per ounce as it builds a base of the recent volatility. At 11am PT today, Gold is trading at $1,896 per ounce, up $6 on average volume.

SILVER

Silver rallied with Gold, briefly trading above $28 per ounce, reaching $28.03 but saw light profit-taking. Physical demand for the popular Silver investment products remains strong. At 11am PT today, Silver is up $0.12 per ounce, trading at $27.89 on normal volume.