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dow2664 The gold rush was on, at least it was earlier in the trading session today. Gold price per ounce rates moved in positive territory for some time today and even touched another intraday high. Gold set an intraday record by touching 1817.16 price per troy ounce. Ultimately however, stock index trends improved and gold prices dropped lower today. The major market index composites stabilized today and spent a majority of the trading session moving in positive territory. The better than expected results in overseas markets, specifically with Britain’s FTSE and France’s CAC, helped to spill over additional confidence to investors on Wall Street. This, paired with the positive data flowing from the Labor Department today as well as the positive earnings data, helped to motivate investors to move back into stocks. Just prior to close, the DJIA was higher by almost 400 points at 11,118.68. Less attention was paid to the safe havens like precious metal gold and silver. Both precious metals fell lower today. As close was finalizing in the U.S. this afternoon, gold contract for December delivery moved into the red by 1.84 percent at 1751.50 price per troy ounce. Silver contract for September delivery dropped lower by 1.67 percent at 38.67 price per troy ounce. Spot gold and spot silver moved lower at this point as well. Spot gold price per gram was lower by 1.30 at 55.97 and spot silver price per ounce was lower by .65 at 38.68. Camillo Zucari
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