U.S. Exports Surge To Record High

GOLD

Gold reached a low of $1,771 on news that the U.S. trade deficit shrank in November, as our exports surged to record highs. Gold buying increased at the price level and quickly moved back above $1,780 per ounce. At 11am PT today, Gold is trading at $1,787 per ounce, up $5 on average volume.

SILVER

Silver continues to see bargain buying at the current price level. Physical demand is increasing as many of the world’s largest mints are expected to announce their 2022 coins. At 11am PT today, Silver is up $0.28 per ounce, trading at $22.64 on good volume.