Silver Trading Above And Below Key $14.50 Resistance/Support Level

GOLD

Gold is trading in the same $10 High/Low range as yesterday, between $1,220 and $1,230. However, today the trading volume is lower because of the holiday weekend. The U.S. Dollar Index and 10-year Treasuries are pretty much unchanged. At 11am PT today, Gold is trading at $1,226 per ounce, up $4 on light volume.

SILVER

Silver is trading above and below the key $14.50 resistance/support level. Demand for physical Silver investment products (coins/bars) has picked dramatically in Asia and Iran. At 11am PT today, Silver is up $0.15 per ounce, trading at $14.49 on good volume.

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