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Home based economic reports in the U.S. came in on the positive side through today’s trading session and stocks pushed higher for the majority of the day. The three major indices in the U.S. opened the session in the green and by mid-day of the trading session, market tracking revealed green trending across the board. The dollar dropped lower versus the euro but higher versus the British pound. Gold futures were dropping lower as the last Monday session of trading came to a close. Investors are shrugging off world development news and focusing more on the positive economic data posting in the U.S. today. Safe haven asset gold fell back as a result. The Dow Jones ended the day red by .19 percent and price per ounce rates for precious metal gold closed the day lower. Gold for April contract delivery dropped by .44 percent or 6.30 to finish the day at $1419.90 an ounce. May contract silver ended the day green with a floor price that closed .11 percent or .039 higher at $37.09 an ounce. April contract platinum finished the day higher by .13 percent or 2.20 at $1747.80 an ounce. Floor price for May contract copper ended the last Monday of this month lower by 1.56 percent or .069 at $4.35 per pound. Precious metals posted mixed across the tracking board to end the trading session in the U.S. on March 28th, 2011. Author: Camillo Zucari
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