Higher Interest Rates Are A Negative Factor For Silver

GOLD

Gold traded in a range from $1,815 to $1,828 as the price consolidates recent gains. Demand remains strong as we start seeing the availability of the new 2022 Gold and Silver coins. At 11am PT today, Gold is trading at $1,821 per ounce, down $3 on light volume.

SILVER

Silver continues to trade above and below the key $23 level today, between $22.80 and $23.20 per ounce. Higher interest rates are a negative factor for the Silver price. At 11am PT today, Silver is trading at $23.00 per ounce, down $0.23 on light volume.