Gold and silver floor prices finished in the red on the opening trading session
this week. Gold finished yesterday with a price of 1778.90 per troy ounce.
Silver finished yesterday with a price of 39.16 per troy ounce. The one month
change status for gold is still negative by 5.58 percent. The one month change
status for silver is still negative by 10.07 percent. The trends for both gold
and silver have dropped consistently lower during the past months activity.
Price per gram and ounce rates for spot gold and spot silver were trending in a
more positive direction prior to opening bell this morning. Spot gold per gram
was green as was spot silver per ounce. Spot gold price per gram was higher by
.52 at 57.63 and spot silver per ounce was trending in the green by .49 at
39.60. Primary gold bullion prices remained above the 1800 per ounce mark. The
one ounce Eagle priced at 1851.92 last session. The one ounce Buffalo posted at
1851.92 and the one ounce Maple posted at 1851.92 last session. As todays
trading session reached the mid-day mark, contract gold and silver prices were
in the green. Electronic price for Gold contract was posting higher by 1.59
percent at 1807 per troy ounce. Electronic price for December delivery silver
contract was higher by 2.65 percent at 40.20 per troy ounce. Gold and silver
prices are on the rebound through the first half of the trading session today.
Camillo Zucari
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