Today Gold opened higher in Asia, the Middle East, and Europe on geopolitical concerns. Investors are adding to their holding of safe haven assets (Gold), due to increasing tensions in Syria and North Korea, and worries about the upcoming French elections. Gold hit a high of $1,273.40 (highest level in 2017) before seeing some light profit taking. At 11am PDT today, Gold is up $20, trading at $1,272 per ounce.
Silver followed Gold higher this morning, breaking back above the key $18 per ounce resistance/support level. Silver reached a high of $18.33 before short-sellers appeared. At 11am PDT today, Silver is up $0.37, trading at $18.27 per ounce on excellent volume.