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dow2664 Gold hits record today. Money positioned with contract gold today and many positioned with the precious metal to invest and profit. Precious metals gold and silver price per ounce rates both moved higher during the last trading session of the week as the dollar sunk lower versus other currencies. Specifically, the dollar fell versus the euro, the British pound and the Japanese yen. Gold trends spiked higher as investors chose to invest in the safe haven metal while the dollar was posting weak. Stocks pushed higher during this trading day however and the Dow Jones Industrial Average moved green to close by over 60 points. Stocks notched higher on the strength of positive earning reports. Gold and Silver contract rates both moved higher in the economic environment. June contract gold posted an end of day electronic contract price positive by 1.16 percent at 1549. May contract silver posted an end of day electronic contract price positive by 1.89 percent at 48.42 per troy ounce. Spot gold price per kilo and gram were posting green at session’s end today as were spot silver price per kilo and ounce rates. Specifically, spot silver price per kilo was green by 11.48 at 1539.28 and spot silver price per ounce was higher by .36 at 47.88. Spot gold price per gram was green by .97 at 50.19 and spot gold per kilo was higher by 974.81 at 50191.17. Author: Camillo Zucari
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