Tuesday, April 5, 2011

Gold and Silver Prices Rise; June Contract gold Price May Contract Silver Price Copper Per Pound Rates; News April 5th, 2011 Close

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Gold and silver prices finished higher as of last session close yesterday. The precious metal price trends were green for gold, silver, and platinum. Trending moved higher for the Dow Jones as well but the dollar fell to the euro yesterday. Spot gold and spot silver price per ounce/gram trending continued in positive territory during the interval between last session close and this morning’s session open. Today, the major market indices struggled from mid-morning on and the dollar ultimately fell lower to the euro. As of the mid-day analysis, gold price was gaining. Gold and silver trending overall this day did not start off as consistent as the trends observed yesterday. Gold futures for June delivery were rising at the halfway point though. By end of day close, the major market indices had dropped into the red and precious metal tracking revealed positive trending. Gold, silver, Platinum and copper ended the session with floor price values in the green. Gold for June delivery ended the session higher by 1.36 percent and finished the day at a price of $1452.50 per troy ounce. May contract silver ended the session higher by 1.79 percent at $39.18 a troy ounce. July Platinum finished higher by .55 percent and ended the day at $1796.80 per troy ounce. May contract copper finished higher by .22 percent at $4.26 per pound. Author: Camillo Zucari

Gold and Silver Prices Rise; June Contract gold Price May Contract Silver Price Copper Per Pound Rates; News April 5th, 2011 Close



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