Gold and silver price per ounce rates closed in the green last session. Stock
index composites ended mixed as the Dow Jones finished up higher by 14.16 points
but the Nasdaq and S&P 500 were relatively flat. June contract gold ended the
session by posting a floor price higher on the day by 16.80 to 1472.40. Silver
for May contract delivery posted a higher floor price by 1.43 to 41.66 per troy
ounce. The one month change for gold is positive by 5.61 percent at this point
and the one month change for silver is positive by 21.94 percent. The dollar
recently fell to the Japanese yen and the British pound and oil for May delivery
rose 1.32 to 108.42. The major index composites look to open lower today as
stock futures are currently posting red across the majority of the tracking
board. During the interval between yesterdays open trading session close and
todays session open, spot gold and spot silver were tracking in positive
territory. Spot silver per kilo was higher by 10.96 at 1350.40 and spot silver
per ounce was green by .34 at 42.00. Spot gold per gram was higher by .05 at
47.37 and spot gold per kilo was tracking higher by 51.44 at 47367.69. Gold and
silver appear to be tracking higher for the last trading session of this week.
Author: Camillo Zucari
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