U.S. Dollar Sets New Highs While Gold Crosses $1,600 Per Ounce Level

GOLD

Amazing, with the U.S. Dollar continuing to set new 2020 highs, Gold has crossed the $1,600 per ounce level this morning. The last time Gold broke above $1,600 was January 8, 2020 on the Iranian Missiles crisis, reaching the 2020 high of $1,611 per ounce. At 11am PT today, Gold is trading at $1,600 per ounce, up $16 on excellent volume.

SILVER

After two weeks of trading below the $18 level, silver has finally broken above the $18 per ounce level this morning. At 11am PT Today, silver is up $0.42 per ounce, trading at $18.17 per ounce on excellent volume