The Gold Buyers Are Back

GOLD

The Gold buyers are back. Fresh buying from Asia, Middle-East and Europe drove the Gold price to $1,306 this morning. A weaker U.S. Dollar (Index below 96) and a drop in interest rates are also bringing in Gold/Silver buyers on U.S. commodity market. At 11am PT today, Gold is trading at $1,304, up $2 per ounce on normal volume.

SILVER

Silver is following Gold higher this morning, reaching a high of $15.50 per ounce, before seeing selling. At 11am PT today, Silver is up $0.07 per ounce, trading at $15.34 on normal volume.

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