The Fight For Gold To Stay Above $4,000

GOLD

Gold is fighting to stay above the $ 4,000 per ounce level after briefly slipping below it in overnight trading.
Prices turned higher after Federal Reserve Chair Kevin Warsh said inflation expectations and inflation risks have eased in recent weeks, giving Gold a welcome boost.
However, Gold still needs to hold above it to build stronger momentum.

At 11 am PT today, Gold is trading at $4,069.44 per ounce, up $39.44 from yesterday.

SILVER

Silver joined Gold's rally after falling below $60 per ounce overnight.
Silver climbed back toward that level as buying picked up during the U.S. session, although it continues to face resistance around $60.
If Silver can break above and stay there, it would add another positive signal for the precious metals market.

At 11 am PT today, Silver is trading at $59.90 per ounce, up $0.25 from yesterday.