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dow2664 Contract gold and silver price per ounce rates finished the last trading session on positive ground. The primary stock indices in the U.S. also finished on the positive side of breakeven. The DJIA as well as the Nasdaq and S&P 500 all finished in the green. Specifically the Dow finished it’s last trading session of the week higher by 75.91 points to 11,509.09. The Nasdaq increased by 15.24 points to 2,622.31. The S&P 500 rose 6.90 points to 1,216.01. The stock indices moved higher as news that five central banks agreed to provide funding to assist the struggling banks in Europe. Although the move will provide assistance in the short term, the underlying debt issues continue to remain with no long term plan in place. Investors still hold worries pertaining to the long term health of the global economy. This underlying worry helped to push safe haven appeal higher during the last trading session. Gold and silver prices moved higher as a result. Contract gold for December delivery closed out the session higher by 1.87 percent at 1814.70 per troy ounce. Silver contract for December delivery closed out the session higher by 3.37 percent at 40.83 per troy ounce. During the hours after last session close, spot gold price per gram and spot silver price per ounce rates were positive. Spot gold price per gram was higher by 1.06 at 58.24. Spot silver price per ounce was higher by 1.21 at 40.66. Camillo Zucari
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