Gold was moving higher once again during the last trading session in the U.S.
Gold price per ounce rates pushed higher during a day when investor optimism
eventually faded and left room for pessimistic views to take hold once again.
Worry and anxiety for global investors took hold pertaining to the debt crisis
in Greece. Stock indices in the U.S. lost most of what they had gained
throughout the initial half of the trading session amid the uncertainty
surrounding Greeces debt issues. The Nasdaq and S&P 500 indices ultimately
finished in the red and the Dow Jones Industrial Average was heading in a
negative direction as official close transpired. Safe haven appeal increases for
precious metals gold and silver and contracts prices moved higher as result. End
of day close for December contract gold was green by 1.70 percent at 1809.10 per
troy ounce. End of day close for December delivery silver was higher by 2.49
percent at 40.14 per troy ounce. The one month change status for gold is still
negative by 4.92 percent and the one month change status for silver is till
negative by 9.14 percent. After last session close but prior to todays opening
bell, spot gold and spot silver prices were moving in positive territory. Spot
gold price per gram was higher by .79 at 57.90 and spot silver price per ounce
was higher by .65 at 39.76. Camillo Zucari
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