Silver Tests $25 Support Level

GOLD

Although the U.S. Dollar Index made a new 2021 high of 92.60, the Gold price showed excellent consolidation above $1,720 per ounce in Asian and European trading. With a strong U.S. Dollar, Asians are able to purchase Gold right now at a bargain price, and they are. At 11am PT today, Gold is up $8 per ounce, trading at $1,735 on good volume.

SILVER

In Asian and European trading this morning, Silver reached a low of $25.02 and found strong demand and quickly rallied back $0.20 per ounce. This was the second test of the $25 support level this week and hopefully the last. At 11am PT today, Silver is trading at $25.25 per ounce, up $0.05 on normal volume.