Silver Showing More Price Support Than Gold

GOLD

Gold continues to build a base, trading between $1,730 and $1,750 per ounce. The U.S. Dollar Index is staying below 92 and the interest rates are trading near recent lows. We are very close to the Gold price breaking above $1,750 per ounce. At 11am PT today, Gold is trading at $1,735 per ounce, down $10 on average volume.

SILVER

Silver is showing more price support than Gold. Silver is higher today, in the face of a lower Gold price. At 11am PT today, Silver is up $0.05 per ounce, trading at $25.40 on good volume.