Silver Jumps Higher, Testing The $25 Resistance Level.

GOLD

With this week’s Gold rally and the U.S. Dollar Index below 100, a 14-month low, this week will be the best week since April for Gold investors. With Gold holding above the key $1,950 level allows Gold to build a firm base for the next run at $2,000 per ounce. At 11am PT today, Gold is trading at $1,960 per ounce, unchanged from yesterday.

SILVER

Silver is the star of the precious metal group, testing the $25 per ounce resistance level today. Silver reached a high today of $25.10 per ounce before seeing some weekend profit taking. At 11am PT today, Silver is trading at $24.92, up $0.14 on average volume.