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Contract gold and silver started the week off well as they closed the day with gains. Gold and silver finished in positive territory. April contract gold finished the day higher by 10.30 at $1426.40 an ounce. May contract silver finished the day higher by .94 at $36.00 an ounce. May Copper finished with a negative floor price that was lower by .053 at $4.29 per pound. Gold and silver contracts continued to move higher on Tuesday. The major indices turned red this day and investors positioned more with gold and silver. April contract gold ended the day higher by $1.20 at $1427.60 an ounce. May contract silver ended the session with a floor price higher by .27 at $36.27 an ounce. May contract copper moved higher by .027 at $4.31 per pound. Wednesday was a positive day for April contract gold and May contract silver as well. Precious metals gold and silver ended the session higher again. April contract gold ended the session higher by .73 percent at 1438 an ounce. May contract silver ended the session higher by 2.56 percent at $37.20 an ounce. May copper ended in the green by 2.68 percent at $4.43 per pound. Precious metals began to fall Thursday and the end of day results revealed losses for all but silver contract. As of close, contract gold, platinum and copper were posting trends in the red. April gold contract ended the session lower by .22 percent with a posted floor price of $1434.90 an ounce. May contract silver ended the session higher by .48 percent at 37.38 an ounce. May contract copper ended the session in the red by .09 percent at $4.42 per pound. The negative trending for precious metal contracts continued through the last trading session of the week in the U.S. April contract gold closed the last trading session in the red by .61 percent at $1426.20 an ounce. May contract silver finished lower by .87 percent at $37.05 an ounce. May contract Copper moved lower by .12 percent and finished the session at $4.42 an ounce. Author: Camillo Zucari
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