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Gold prices today have been moving in a positive direction as have today’s recent silver prices. The one month change for gold and silver price has been positive and the month of April was an exceptional month for contract gold and contract silver price per ounce trending. On the last open trading session of April, contract gold for June delivery had pushed higher once again and settled the day by increasing by 18.00 to finish at 1556.40. Another consecutive finish above the 1500 price per ounce mark. Gold and Silver were positive safe haven bets during the month of April. Investors will observe closely to determine if this type of trending will continue into and through the month of May. Silver contract for May delivery finished off the last trading session in April with a close value higher by 2.23 percent at 48.60 an ounce. Silver had an exceptional month as well and ended the month by flirting with the 50 an ounce close for several consecutive days. Both metal contracts moved positively and recent market tracking of spot gold and spot silver prices reveals similar progressions. Spot silver per ounce ended the last session higher by .36 at 47.889 and spot silver per kilo was higher by 11.48 at 1539.28. Spot gold per gram was higher by 1.04 at 50.26 and spot gold per kilo was higher by 1041.04 at 50257.40. Today’s gold and silver prices are positioned higher and many will monitor closely to see if these trends continue into and through May. Author: Camillo Zucari
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