WOW - GOLD Over $3,500 & Silver Over $40

GOLD

Over the long holiday weekend, President Trump claimed on his Truth Social platform that US prices are “WAY DOWN” with virtually no inflation. Oversee commodity markets reacted to this statement with gold jumping $70 per ounce to a high of 3,526 on active trading. Many financial analysts believe that the Federal Reserve will start lowering interest at their upcoming meeting this month. This reduction in interest rates should continue to drive the price of precious metals higher.

At 11am PT today, Gold is trading at $3,526 per ounce, up $84 on excellent volume.

SILVER

This holiday weekend was very rewarding for silver investors as it moved above the $40 per ounce level, reaching a 14-year high of $41.30 per ounce. Trump Inflation claim pushed the silver price well above the $40 level. This is a key support and resistance level for silver, so it is very important that silver tests, but stays above the $40 per ounce level for the next few days.

At 11am PT today, Silver is is up $1.04 per ounce, trading at 40.80 on excellent volume.