Friday, April 15, 2011

Spot Gold Spot Silver Price Rise; June Contract Gold and May Contract Silver News and Notes April 15th, 2011

dow2664

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 yesterday’s open trading session close and today’s 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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