The major market index composites ended the last trading session higher. The
dollar fell lower to the euro and precious metals gold and silver were trading
in the green. One day after the massive earthquake and resulting tsunami that
devastated Japan, sectors such as metals and building materials are gaining. As
of yesterdays close, gold, silver, platinum and copper all ended in positive
territory. April Gold was higher by 9.80. May Silver was higher by .87. April
Platinum was higher by 16.10 and May Copper was higher by .02. Even with the Dow
Jones, S&P 500 and Nasdaq ending their respective session in the green on
Friday, they were all lower for the week. Investors continue to worry about job
creation here, but also over political unrest in Libya and Saudi Arabia. Nerves
are still on edge regarding the price of light sweet crude as well. The price
per barrel still remains above the 100 dollars per barrel mark which, for many,
implies economic troubles to come. These variables are all helping to support
precious metal prices, especially with popular safe haven assets like gold and
silver. Current spot gold and spot silver prices are trending green. Spot silver
per ounce is green by .78 at 35.84. Spot silver per kilo is green by 24.98 at
1152.31. Spot gold per kilo is higher by 152.07 at 45555.36 and spot gold per
gram is higher by .15 at 45.56. Author: Camillo Zucari
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