The Gold Price Is Quickly Moving To $2,700

GOLD

The year-end rally continues with Gold testing the important $2,700 resistance level this morning. Gold reached a high of $2,698 on fresh buying in Asia and the Middle East. Demand continues to grow worldwide as we move towards the end of 2024.
At 11am PT today, Gold is trading at $2,692 per ounce, up $30 on excellent volume.

SILVER

Silver didn’t follow Gold’s big move today and had difficulty staying above $32 per ounce. Silver did reach a high of $32.23 before seeing sizeable selling in Europe.
At 11am PT today, Silver is trading at $32.05 per ounce, up $0.17 on the day.