The Gold & Silver Price Consolidating At Current Levels

GOLD

Gold traded today between $2,717 and $2,744 in all the major trading markets. Many of the commodity traders I speak with around the world continue to comment on the depth and strength of the current Gold rally with comments like “It just doesn’t want to go down” (Thank you Steve).

At 11am PT today, Gold is trading at $2,743 per ounce, up $7 on good volume.

SILVER

Silver is showing a lot more price volatility than Gold. While Gold has a 1% range in the high/low trading, Silver has a 3% range today from $33.05 to $34.05 per ounce.

At 11am PT today, Silver is up $0.07 per ounce, trading at $33.69 on average volume.