Gold price per ounce moved higher through yesterday's trading session and
June contract gold finished Tuesday's open trading session in the U.S. at a
respective high. It was a relatively positive day overall for precious metal
trending as the majority of metals across the tracking board posted green values
by the session's end. Spot gold continued to trend in positive territory
during the interval between yesterday's close and today's open. Today was a
continuation of the positive trending for gold price per ounce rates. Investors
continued to position with the safe haven asset today as most pondered the
potential government shutdown in the U.S. The Nasdaq and the S&P 500 were
posting negative values at the halfway point of today's trading session and
precious metal price per ounce values were blanketed in a hue of green. Gold was
higher by .42 percent at $1458 and silver contract was higher by .52 percent at
$39.38 as of mid-day. End of day close for stocks was positive. By the day's
end, the major market index composites were trending green across the majority
of the tracking board. The Nasdaq moved higher by .31 percent to finish the day
at 2,799.82. The S&P 500 moved higher by .22 percent and finished at 1335.54.
The Dow Jones Industrial Average finished higher by .27 percent at $12426.75.
Floor price values for gold and silver ended the day in the green. June contract
gold finished higher by .41 percent at $1458.50. May contract silver finished
the day higher by .52 percent at $39.39 an ounce. July Platinum moved higher by
.06 percent to close at $1797.80 an ounce. May copper moved higher by 2.47
percent at 4.37 per pound. Author: Camillo Zucari
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