U.S. Precious Metal Demand Remains Strong

GOLD

Gold reached a low of $1,914 in overnight trading in Asia and Europe, but turned around in late European trading to move back above the $1,930 level. In U.S. trading, demand remains strong for all precious metal investment products. At 11am PT today, Gold is trading at $1,930 per ounce, up $9 on average volume.

SILVER

Silver continues to search for support today, trading between $24.24 and $24.84 per ounce. Gold has taken over the leadership position in the direction of many precious metals, including Silver. At 11am PT today, Silver is trading at $24.48 per ounce, down $0.12 on normal volume.