Vaccine News Provides Optimism For Many Financial Markets

Vaccine News Provides Optimism For Many Financial Markets

GOLD

A few major pharmaceutical companies are talking about their development of a coronavirus vaccine which is providing optimism for many financial markets. The DJIA opened higher and is currently up over 500 points, putting pressure on the gold price. At 11am PT today, gold is trading at $1,716 per ounce, down $14 on light volume.

SILVER

Silver reached a high of $17.60 in early Asian trading and sold off when the Gold price declined. Silver continues to show excellent support above the key $17 per ounce support level. At 11am PT today, Silver is up$0.05 per ounce, trading at $17.17 on normal volume.

Copyright © 2023 MINTSTATEGOLD.COM. All rights reserved.