Slightly Lower Gold Market On Lighter Activity

GOLD

The Gold market seems to have moved slightly lower today in early trading, bulls moving into the U.S. Stocks as they approach highs. This has also led to lighter activity. At 11am PT today, Gold is trading at $1280 down by only $7 on light volume.

SILVER

The activity in Silver is more modest, strong buying seeming to come in the couple of times that Silver has hit the $14.85 level. I like seeing the support there for Silver. At 11am PT today, Silver is trading at $14.96 down by $0.13 on normal volume.