Precious Metals End March With A Rally

GOLD

Both the Dollar and Treasury rates were down today, combined with a good jobs report, Gold moved back above the key $1,700 level on strong demand. We are ending the month of March on a strong rally, with Gold up $30 per ounce. At 11am PT today, Gold is trading at $1,716 per ounce, up $30 on excellent demand.

SILVER

Silver broke down below the key $24 level in early Asian trading, reaching a new 2021 low of $23.79 per ounce. However, as Gold started rallying in European markets, Silver quickly rallied back above $24 per ounce, and kept on going as we rounded into U.S. markets. At 11am PT today, Silver is up $0.38 per ounce, trading at $24.53 on good volume.