Silver Continues To Moves Higher

GOLD

Gold moved lower today on the Bureau of Labor Statistics report showing that nonfarm payrolls rose 139,000 for May, exceeding the Dow Jones forecast of 125,000. A stronger U.S. Dollar also added to Gold’s price weakness. Gold dropped to $3,315 before seeing bargain buying.

At 11am PT today, Gold is trading at $3,323 per ounce, down $29 on average volume.

SILVER

Silver made reached a high of $36.39 before seeing weekend selling. For the most of today’s trading, Silver moved above and below the important $36 per ounce level.

At 11am PT, Silver is up $0.37 per ounce, at $36.02 on strong volume.