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dow2664 Gold prices shoot to new highs. The negative heat of the last week in the stock market had no chance to cool before the stock index plummeting began yesterday. The primary stock indices finished off the last trading session disastrously lower and investor fears are spiking. The Dow Jones Industrial Average, Nasdaq and S&P 500 all closed out the day in the red and the single day of losses was the worst for stocks since 2008. The DJIA dropped lower on the day by over 634 points to close out at 10,809.85. The Nasdaq finished lower by over 174 points to close at 2,357.69 and the S&P 500 finished lower by almost 80 points and closed at 1,119.46. Safe haven appeal of precious metal gold shot gold prices much higher as contract gold prices remained over the 1700 price per troy ounce mark for the session. Floor price for December delivery contract gold moved higher by 3.72 percent to close out at 1,713.20 per troy ounce. Silver moved higher on the day as well. September contract silver finished the session higher by 3.06 percent closing at 39.38 per troy ounce. During the interval between last session close but prior to today’s opening bell, spot gold and spot silver prices moved in the green as well. Spot gold price per gram was higher by 3.24 at 56.25 and spot gold price per kilo was higher by 3242.72 at 56252.88. Spot silver price per kilo was higher by 24.50 at 1252.56 and spot silver price per ounce was higher by .76 at 38.96. Camillo Zucari
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