Gold prices today have been moving in a positive direction as have todays
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. Todays 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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