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dow2664 Gold prices touched highs over 1800 per troy ounce last week. Price trends were pushed higher by gold ’s safe haven appeal that received ample attention during the wild fluctuations of the stock market last week. The major market index composites fluctuated to significant lows often followed by almost-as-significant rebounds the following day. The volatility with stocks paved the way for precious metal gold to climb the ladder. Wednesday was the best day for gold as it was the second significant drop for stocks during the week. The stock market in the U.S. stabilized on Thursday and trends remained positive for stocks to close out the week. Gold ultimately dropped lower and ended the last trading session in the red. Contract gold for December delivery ended the last trading session lower by .51 percent or 8.90 to close out at 1742.60 per troy ounce. Silver contract settled higher on the day by 1.15 percent to close out at 39.11 per troy ounce. Spot gold per gram moved lower too 55.99 and spot silver per ounce was moving lower prior to opening bell today as well. Spot silver was lower by .21 at 38.89. Camillo Zucari
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