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dow2664 The stock market rebound in the U.S. appears to be positioned to extend over two consecutive days. Approaching close today, the DJIA, Nasdaq and S&P 500 are posting green across the board and positioned for the solid close to end the week. Gold prices dropped back again as the dollar strengthened versus the euro and investors felt another boost of confidence today. Investors gained confidence as cues from Europe were more positive during the overseas session. European stocks ended with solid gains and this positive action spilled over in to the U.S. marketplace. Economic reports today were mixed as consumer sentiment posted lower but retail sales data was better than expected. Just prior to close, the DJIA was moving in positive territory. The DJI was higher by over 115 points at 11,248. Gold and silver contracts were mixed. Gold was lower and silver higher. Minutes before official market close in the U.S., contract gold was lower by .51 percent at 1,742.60. Contract silver for September delivery was higher by 1.15 percent at 39.91 per troy ounce. Spot gold and spot silver were moving in divergent directions. Spot gold price per gram was red by .26 at 55.96 and spot silver price per ounce was green by .36 at 39.02. Camillo Zucari
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