Unfortunately getting silver below $16 was the priority for JP Morgan because thats where all the shortages for delivery are. Gold had very few so wasn't as big a priority. Still its nice to see gold stay above $1100.

From Ed Steer this morning:

"As of last night's CME data, there were only 1,079 gold futures contracts open for March... but a whopping 36,697 silver futures contracts. I expect this March silver o.i. number to plunge precipitously over the next three days. If it doesn't... we're going to have Comex short squeeze of biblical proportions"