Producers Price Index Shows Inflation Remains Low

GOLD

Today, Gold is trading between $1,824 and $1,848 per ounce, as the Producers Price Index for November shows that inflation remains low. Fresh buying from Europe gave the Gold price some support earlier today. At 11 am PT today, Gold is trading at $1,840 per ounce, up $6 on average volume.

SILVER

Silver continues to trade above and below the key $24 level, as it awaits direction from Gold and any Congressional stimulus package. There are shortages of many popular Gold/Silver bullion items as the major mints are preparing to start minting 2021 coinage. At 11 am PT today, Silver is unchanged from the $24.01 price on normal volume.