Substantial Increase in Global Interest for Gold

GOLD

We are seeing substantial increase in global interest for buying Gold at the current attractive price.
Demand for physical Gold investment items has increased in the Asian, Middle Eastern, and European markets.
Gold appears to be back on a bullish track as today’s increase shows.
We need to move back above the key $1,500 level by next week to turn the professional commodity traders bullish.
At 11am PT today, Gold is trading at $1,474 per ounce, up $10 on good volume.

SILVER

Silver is moving higher with Gold, crossing the important $17 per ounce resistance/support level.
Like Gold, physical demand is picking up worldwide, which should help the spot price.
Silver ETF’s and mining stocks are confirming this rally.
At 11am PT today, Silver is up $0.14 per ounce, trading at $17.08 on nice volume.