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Positive economic reports posted yesterday and the major stock indices in the U.S. moved higher. Price of oil per barely lowered and the dollar strengthened versus a handful of other currencies. In addition to this and somewhat surprisingly, floor prices for the majority of precious metal contracts posted in the green as of last session close. April contract gold finished higher as investors moved to purchase what they could while the prices were still right due to the lower trending the day prior. As of mid-day of today's trading session, Precious metal gold was on the rise. The major index composites were trending in positive territory but the dollar was losing ground. Oil price per barrel was on the rise again as well. Precious metals gold and silver were trending in the green as of mid-day listed floor prices. At the halfway point, April gold was higher by .54 percent and May Silver was higher by 1.42 percent. By end of day close, the precious metal tracking board revealed that precious metal floor prices were trending in positive territory across the majority of the metal tracking board. Approaching close, April gold was higher by 1.06 percent at $1438.90. May silver posted a floor price higher by 1.01 percent at $37.89 per ounce. July Platinum was higher with a floor price of $1783.20 a troy ounce. May copper was higher by .78 percent at $4.31 per pound. Author: Camillo Zucari
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