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dow2664 Investors fled riskier stock options during the last trading session of the week and positioned with perceived safe havens like precious metal gold . Gold contract price per ounce rates moved up as the trends for the primary stock indices in the U.S. moved lower. It was another down week for the primary index composites in the U.S. The negative trends culminated yesterday as the three primary composites went red across the board. The Nasdaq closed the session lower by over 61 points at 2,467.99. The S&P 500 closed the week lower by over 31 points at 1,154.23. The Dow Jones Industrial Average closed lower by over 300 points at 10,992.13. The negative trends increased investor interest in safe havens and gold contract ultimately moved higher on the day. Gold contract for December delivery finished higher by .11 percent at 1859.50 per troy ounce. Contract silver for December delivery finished the session red by 2.13 percent at 41.62 per troy ounce. Spot gold and spot silver moved in similar directions after session close. Spot gold price per gram was higher by .02 at 59.64 and spot silver per ounce moved lower by 1.03 at 41.44. Primary indices in Asia and Europe struggled during their respective session as well. Gold appeal moved higher to end the week as major market composites fell below break-even. Camillo Zucari
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