The U.S. Dollar Continues To Move Higher, Pressuring Precious Metals

GOLD

As the value of the U.S. Dollar continues to move higher (Above 93), it's putting more pressure on the price of precious metals. Gold tested the key $1,750 level earlier this morning and held. At 11am PT today, Gold is down $6 per ounce, trading at $1754 on average volume.

SILVER

Silver briefly moved above the $23 level, but couldn’t hold. At the current level, Silver represents an outstanding investment opportunity. At 11am PT today, Silver is trading at $22.48 per ounce, down $0.49 on normal volume.