U.S. Dollar Moving Up, Bad News for Gold

GOLD

Gold was up last night to $2,023.70 but started to receive pullback with some profit taking. The U.S. Dollar has been seeing some growth in the past few days which does not mean well for Gold. At 11am PT today, Gold is trading at $2,011 per ounce, down $3.

SILVER

Unless breaking below $24 Silver will remain firm in it’s current fluctuation. At 11am PT today, Silver is trading at $25.08 per ounce, up $0.04.