Silver Calms Down After Crazy Volatility

GOLD

Gold has spent most of the day in a tight range between $1,830 and $1,840 per ounce. After yesterday, this would be considered excellent base building. Most traders are waiting for a decision from Congress on the COVID-19 stimulus legislation. At 11 am PT today, Gold is trading at $1,837, unchanged from yesterday.

SILVER

After yesterday's crazy volatility, the Silver market has calmed down, and now trading between $26 and $27 per ounce for most of the day. A couple of days of calm would be good to allow the market to catch up with supplies of the popular investment products. At 11 am PT today, Silver is trading at $26.86, up $0.21 per ounce.