Strong Silver Price While Gold Consolidates

Strong Silver Price While Gold Consolidates

GOLD

Gold is trading in a narrow range today between $1,408 and $1,418 per ounce. This consolidation above the key $1,400 per ounce support level is excellent. At 11am PT today, Gold is trading at $1,413 per ounce up $2 on average volume.

SILVER

Silver opened higher this morning and has stayed positive all day. The fact that the Silver price has been stronger than Gold today is surprising, but it’s about time considering the very high Silver-to-Gold ratio. At 11am PT today, Silver is up $0.10 per ounce, trading at $15.34 on good volume.

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