No Fresh Stimulus News Puts Pressure On The Gold Price

GOLD

The Gold price briefly moved above the key $1,900 in overnight trading, reaching $1,901, but couldn’t hold the rally as the U.S. Dollar Index moved above 93.75. No fresh stimulus legislation news has helped put pressure on the Gold price. At 11 am PT today, Gold is trading at $1,892 per ounce, up $5 on normal volume.

SILVER

Silver continues to trade above and below the key $24 per ounce level. Today Silver has had a low of $23.65 and a high of $24.31, but spent most of U.S. trading under $24 per ounce. At 11 am PT today, Silver is up $0.08 per ounce, trading at $23.83 on average volume.