daily silver prices

After reaching a high of $1,346 in Asia, Gold sold off in European and U.S. Markets . . . .

Gold briefly moved below the key $1,330 support price in Asian markets, then quickly rallied $5 per ounce . . . .

Today the Labor Department said that U.S. employment increased by 200,000 jobs for January. This caused the U.S. Dollar and interest rates to rally and Gold/Silver and equity markets to decline . . . .

Late yesterday the Federal Open Market Committee said that they expect that inflation will move up this year . . . .

Gold traded in a $11 high/low range today within the recent consolidation levels . . . .

A bear market rally in the U.S. Dollar has added a little pressure on the Gold price today . . . .

A rally in the U.S. Dollar and interest rates has caused a lower Gold price today . . . .

The U.S. Dollar continues to decline . . . .

As the U.S. Dollar hits a 3-year low, and Treasury Secretary Mnuchin stated “a weaker dollar is in the best interests of our economy” the stage was set for a higher Gold price . . . .

Gold continues its gradual move higher, reaching a high of $1,339 per ounce today . . . .