Silver Continues To Lead The Metals Market

GOLD

Gold prices fell today following the Non-Farm Payroll numbers release and weekly jobless claims came in below the forecasted 240,000 claims at 233,000 for the week ending June 28th. Gold is consolidating before the next move higher, and staying well above the $3,200 support level. Gold is overall trending upward and we’re likely to see the price rise again in the near future.

At 11 am PT today, Gold is trading at $3329 as we head into the holiday weekend, down $20 from Wednesday.

SILVER

Despite Gold’s fall, Silver saw a fresh two-week high, almost hitting $36.80 this morning ahead of the U.S. Non-Farm Payroll numbers, and has held its ground through the morning, continuing to trade around the $36.80 level.

At 11 am PT today, Silver is trading at $36.86, up $0.36 from yesterday.