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The major stock indices received a boost via the jobs report Friday and end of day close marks settled well into the green. The economy has received positive news for the better part of the week and this was enough to cause investors to pay less attention to overseas developments and more attention to home based growth in the United States. The safe haven appeal of precious metals fell lower during the week and by the last trading session Friday, contract metals had fallen mostly into negative territory. June contract gold fell 11.00 to end the session at 1428.90. May silver fell .33 to end the session at 37.73. For the first time in weeks, the one month change for gold has fallen into negative territory. Current tracking of gold’s one month change reads a negative .17 percent. Silver’s one month change is still holding positive by 8.97 percent, but is slowly trending lower as well. Current spot gold and spot silver prices are moving in negative territory this day as well. Spot silver per kilo is in the red by 3.09 at 1214.53. Spot silver per ounce is trending red by .10 at 37.38. Spot gold per kilo is moving lower by 341.44 by 45920.27 and spot gold per gram is lower by .34 at 45.92. Author: Camillo Zucari
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