U.S. Dollar Sold Off To Under 97

GOLD

The U.S. Dollar Index sold off to under 97 today, as Gold briefly moved above the key $1,800 per ounce level this morning. Gold is currently trading slightly lower than $1,800 as trading volume picks up. Gold traded today between $1,790 and $1,800 per ounce. At 11am PT today, Gold is trading at $1,801, up $11 from Friday’s close.

SILVER

Silver moved higher with Gold this morning, as it is currently trading in the $22.50 level. After last week’s sell-off, Silver is showing increased demand while it consolidates right off the lows. At 11am PT today, Silver is up $0.09 per ounce, trading at $22.55 on normal volume.