A continuation of a stronger U.S. Dollar and higher 10-year Treasury yields put pressure on the Gold price today, driving it down to $1,216 per ounce. It appears that the we may briefly see a test of the important $1,200 support level very soon. At 11am PDT today, Gold is down $11, trading at $1,216 per ounce on excellent volume.


Silver reached a low of $16.09 earlier this morning, before bargain buyers jumped in. At 11am PDT today, Silver is trading at $16.14, down $0.13 per ounce on excellent volume.