Gold and silver prices found positive ground during the last trading session.
Stock indicators received a boost which many associated with the positive debt
crisis resolution talks in Europe. It appears that gold and silver may have been
beneficiaries of these positive talks as well. Through the halfway point of the
last trading session, contract gold and silver for December delivery were both
posting price outcomes in positive territory. Spot gold and spot silver prices
were positive at this point as well. Precious metals gold and silver held strong
through the majority of the last trading session and closed out in the green.
Officially, gold contract for December delivery closed out higher by 3.62
percent or 57.70 at 1652.50 per troy ounce. Contract Silver for December
delivery moved higher by 5.20 percent or 1.56 at 31.54 per troy ounce. The one
month change status for gold prices is still negative by 7.62 percent and the
one month change status for silver is even more negative at 21.87 percent. Prior
to opening bell this morning, spot gold price per gram and spot silver price per
ounce were still moving in a positive direction. Spot gold price per gram was
higher by 1.39 at 52.59 and spot silver price per ounce was higher by 1.35 at
31.28. Camillo Zucari
No comments:
Post a Comment