Precious Metals Rally On Geopolitical Uncertainties

Precious Metals Rally On Geopolitical Uncertainties

GOLD

metals traders see this as a positive for Gold and Silver, and both metals are moving up today. At 11am PT today, Gold is up $9 per ounce, trading at $1,477 on good volume.

SILVER

Silver has rallied with Gold today, however the $17 per ounce resistance level has been a barrier difficult to break. When Gold moves above the $1,480 level next week, Silver should quickly move above $17 and then we are off and running. At 11am PT today, Silver is trading at $16.97 per ounce, up $0.06 on normal volume.

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