Omicron Keeping The U.S. Dollar Index Above 96

GOLD

Gold traded today between $1,802 and $1,814 as it consolidates recent gains above the key $1,800 level. Concerns about the Omicron variant spreading throughout the world is keeping the U.S Dollar Index above the key 96 level. At 11am PT today, Gold is trading at $1,811 per ounce, down $1 on average volume.

SILVER

The Silver price started the day weaker, reaching a low of $22.61 before seeing a serious rally. Silver moved above the key $23 level, reaching a high of $23.19 per ounce as Gold started moving higher. At 11am PT today, Silver is up $0.07 per ounce, trading at $23.07 on normal volume.