Gold and silver price per ounce rates moved higher during the last trading
session in the United States. One day removed from safe haven losses, precious
metals gold and silver bumped higher once again. April gold and May Silver
contracts ended the session in positive territory as investors once felt
compelled to diversify with less risky investments. The dollar struggled versus
the euro and the British pound during the last trading session and the major
index composites ended in red across the majority of the market tracking board.
April gold futures climbed higher by 2.40 to 1429.60. Silver contract added .39
to 36.05. Crude oil price per barrel continues to climb higher as its trend this
past month has been positive by 19.34 percent. This has pushed negatively on
stock action and positively on precious metals. The one month change is positive
by 5.79 percent for gold and over 23 percent for silver. Spot gold and Silver
are posting positive trends hours after last session close. Spot silver per kilo
is trending higher by 11.67 at 1157.94. Spot silver per ounce is trending higher
by .36 at 36.02 an ounce. Spot gold per kilo is higher by 73.95 at 45949.85.
Spot gold per gram is trending green by .07 at 45.95. Gold and silver are
expected to continue positive trending during todays trading session. Author:
Camillo Zucari
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