GOLD

Considering that the Dow Jones Industrial Average is over 22,000 and U.S. employment rate gained 209,000 new jobs in July, Gold is surprisingly holding above $1,250 per ounce. At 11am PDT today, Gold is trading at $1,259 per ounce, down $11 on good volume

SILVER

Silver reached a low of $16.19 before bouncing back on bargain buying. Silver is showing a lot more volatility than Gold, which is good in a up market, but concerning when there's been a selloff. At 11am PDT today, Silver is down $0.30 per ounce, trading at $16.35 on good volume.