Wednesday, May 4, 2011

Today’s Gold and Silver Price Per Ounce News; Spot Gold and Spot Silver Price Per Kilo, Gram; Money, Profit, Invest Market Notes

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dow2664 The dollar held strength during the last trading session in the U.S., but gold and silver prices today will have to recover from the significant drop they experienced during the last trading session. Contract gold prices dropped and contract silver price sank even further. Gold for May contract delivery closed the last session lower by 24.50 at 1532.40 per troy ounce. Due, in part, to the recent changes made by the CME, silver futures for May delivery finished the last trading session lower by 7.6 percent at 42.58 per troy ounce. Red was the color of the day for most close out trade values during the last session. Platinum contract for July delivery fell as well by 15.20 to finish the day at 1860.50. Although many precious metals dropped lower on the day, gold and silver price per ounce rates are still trending green over the last thirty days. The one month change for gold is still positive by 6.68 percent and the one month change for silver is about the same right now. Silver’s one month change is a positive 6.65 percent. During the interval between yesterday’s session close and today’s session open, spot gold and spot silver prices were trending negatively. Spot gold per kilo was posting red by 789.30 at 49259.77. Spot gold per gram was red by .79 at 49.26. Spot silver per ounce was lower by 4.88 at 41.20 and spot silver per kilo was lower by 156.90 at 1324.55. Author: Camillo Zucari



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