Federal Reserve Chairman Powell is back in Congress today, talking and taking questions with Senators about the economy and Fed policies. Gold continues this down-leg, reaching a low of $1,302 this morning before buyers stepped in. At 11am PST today, Gold is trading at $1,306, down $12 per ounce on normal volume.


Silver followed Gold lower, reaching a low of $16.13 this morning in European markets. Silver is showing excellent price support in the face of Gold testing its $1,300 level. At 11am PST today, Silver is down $0.12 per ounce, trading at $16.30 on excellent volume.