Russia-Ukraine Tensions Cause Gold To Hit $1,903

GOLD

Tensions at the Russia-Ukraine border are driving the Gold price to $1,900 per ounce today. Gold reached a high of $1,903 per ounce today cause of overwhelming demand from safe haven investors. The equity markets, U.S. Dollar and interest rates are seeing selling at the same time. At 11am PT today, Gold is trading at $1,901 per ounce, up $31 on excellent volume.

SILVER

Silver quickly rallied with Gold, reaching a high of $23.99, almost reaching the important $24 per ounce resistance level. If Gold could push Silver through the $24 barrier, it could run for at least 50 cents on professional short-covering. At 11am PT today, Silver is up $0.32 per ounce, trading at $23.95 on good volume.