Silver Isn't Showing The Same Price Support As Gold

GOLD

Both interest rates and the U.S. Dollar were up slightly in overnight trading, causing Gold to test the $1,800 support level. Gold held, reaching a low of $1,801, and then started rallying back. At 11am PT Today, Gold is trading at $1,818 per ounce, up $8 on average volume.

SILVER

Silver traded lower, reaching a low of $23.78 before finding support. Silver isn’t showing the same price support as Gold, and needs to get back above $24 soon. At 11am PT today, Silver is up $0.07 per ounce, trading at $24.05 on normal volume.