Precious Metal Traders Wait On Congress

GOLD

Gold continues to trade between $1,830 and $1,850 per ounce, as it awaits stimulus news. As the U.S. dollar trades in a narrow range, precious metal traders are waiting on Congress to make a decision on coronavirus aid legislation. At 11 am PT today, Gold is trading at $1,834 per ounce, up $2 on average volume.

SILVER

Silver is showing a little positive trading, as it moved back above the $24 resistance/support level. Physical demand continues to be strong for the popular Silver investment items. At 11 am PT today, Silver is up $0.25 per ounce, trading at $24.01 on normal volume.