Gold, Silver and Copper price per ounce for December delivery ended the last
U.S. trading session in the red. Golds last trade was in the red by .77% as it
was down 10.60 and finished at $1,362.40 an ounce. Silvers last trade was in the
red by 3.01% as it was down .829 and finished at $26.70 an ounce. Coppers last
trade was in the red by .12% as it was down .0045 and finished at $3.75 an
ounce. Market futures for stock index composite values are trending green right
now as investors are hoping for a boost in the market today stemming from
increased retail sales over the holiday weekend. This could be a nice rebound
off of Fridays index value lows. Gold and Silver have moved ahead as well. Spot
Gold added value and is trading at $1,362.46 an ounce. Spot Silver moved ahead
14 cents trading at $26.80 an ounce. Prices will not move too far in a positive
direction as the dollar continues to hold strength due to overseas concerns. The
dollar has recently rallied due to currency concerns in eurozone countries. The
lower euro value is keeping the dollar higher. Also of note, the escalating
tensions between North and South Korea could potentially initiate an increase in
buying precious metals, but that has not been the case as of yet. Author:
Camillo Zucari
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