Market Analyst Awaiting News from Jackson Hole

GOLD

While Market analyst wait for news from Jackson Hole today and tomorrow the U.S. Dollar Index and interest rates are holding firm. Gold is showing excellent strength above $1,750 per ounce and central bank buying is increasing. At 11am PT today, Gold is trading at $1,757 per ounce, up $7 on good volume.

SILVER

The strength in the Gold price is helping Silver firm up over the key $19 per ounce level. Silver traded today between $19.09 to $19.38 on excellent demand in Asia and Europe. At 11am PT today, Silver is up $0.20 per ounce, trading at $19.30 on excellent volume.