Silver Demand & Premiums Continue To Increase

Gold came off yesterday’s high of $1,799 on normal base building. The Gold price tested support above $1,780 per ounce on excellent demand. Most professional traders see Gold back on the bullish track and look at today’s price as an opportunity to add to their holdings. At 11am PT today, Gold is trading at $1,786, down $7 per ounce.

SILVER

Silver also had a small retracement this morning, showing support above the $26.20 per ounce level. Demand has increased and premiums on the popular Silver investment products has increased. At 11am PT today, Silver is trading at $26.21, down $0.29 per ounce.