Peace Broke Out And Gold/Silver Moved Lower

GOLD

During the past 48 hours, we have had a lot of volatility in the precious metal markets. As the news breaks on the Iranian/Israeli war and President Trump's actions on that war, the price of Gold has ranged from $3,290 to $3,390. In earlier trading this morning, Gold showed excellent support above the key $3,300 level.

At 11am PT today, Gold is trading at $3,320 per ounce, down $62 on excellent volume.

SILVER

Silver has also shown a lot of volatility over the past two days. Silver reached a high of $36.27 and this morning hit a low of $35.20 when Gold briefly dropped below $3,300 per ounce.

At 11am PT today, Silver is trading at $35.82 per ounce, down $0.51 on excellent volume.