Silver Showing High Volatility Today With A $6 Range

GOLD

Gold traded last night in overseas commodity markets above the $4,500 support level, reaching a high of $4,589 during Chinese trading. When trading reached the U.S. this morning, Gold got hammered, dropping to a low of $4,464 before seeing bargain buying.

At 11am PT today, Gold is trading at $4,502 per ounce, down $46 on excellent volume.

SILVER

The highly volatile Silver market is at it again. Silver had a $6 high/low trading range today. Silver reached a high of $79.02 during Chinese trading and dropped to a low of $73.03 in early U.S. trading.

At 11am PT today, Silver is down $2.50 per ounce, at $74.53 on average volume.