Gold ($GLD) & Silver ($SLV) Prices: 04/10/2017 Gold Prices ( Reached the Highest Levels In 5 Months | @moneymetals

8:27 AM

April 10, 2017 -- Gold finished slightly higher last week as the concerns over a stall in President Donald Trump's agenda brought some interest to safe haven assets. In early Friday morning trading, prices for the yellow metal reached the highest levels in 5 months.

See live gold prices here

The U.S. missile attack in Syria and a lousy jobs report Friday surprisingly did not give much of a boost to metals. Gold and silver gave up some morning gains Friday afternoon as a big rally in the U.S. dollar had some program traders selling metals.

Although prices are down slightly this morning, we may still see some buying this week based upon growing tensions around the Syria situation.

President Trump's ambassador to the U.N., Nikki Haley, has said the administration will "focus on getting Assad out." If that is true, we should expect an escalation there. Given the hard line posture from Russia in opposition to the U.S., the stakes are very high.

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