Strong Gold Demand Going Into Weekend

GOLD

Today, going into the weekend, demand for Gold is very strong, with less than 1% fluctuation in price throughout the night. It is nice to see that support when the range is only about $12, currently going from a low of $1413.20 to a intraday high of $1425.70. At 11am PT Today, Gold is trading at $1,419.50 per ounce, up $4.50 on normal volume.

SILVER

It appears that Silver has some strong buying coming back in around the low to mid $16.30 area. Traders are definitely active and supporting it well in the $16 range. At 11am Silver is trading at $16.38 per ounce, down $0.06 on normal volume.